I wouldn’t buy a used car just yet


Reserve Squad
I read it and all that has been added since he posted the article I think.

If you read it now it’s a very confusing article. Talks about US and Canada then UK and Ireland, then Europe.
Chapter 11 Bankruptcy is an insolvency process that only applies in the US but the business repercussions of COVID will be being felt globally for the company. Not sure how it will have specific direct impact on used car prices, albeit I do think general economic fallout will most definitely drive down prices.
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