Where Data Tells the Story
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According to J.D. Power, industry average PP100 has reached its highest level since 2009, the year after the 2008 financial crisis
This is likely because today’s 3-year old vehicles were being built in the aftermath of the COVID-19 pandemic.
“Supply chain issues, record-high vehicle prices, and personnel disruption in the wake of the pandemic were problematic.”
- Jason Norton, director of auto benchmarking at J.D. Power