Supply chains are still in a messy state. Mannheim’s Used Vehicle Index showed a decline last month which many took as a sign of cooling but even that may be a false hope as Cargurus’ Used Car Index shows prices continuing to climb. Google searches show easing pressure in North America but Europe and Asia continue to look bad. It’s only a matter of time before supply problems overseas start to impact the US just like we saw with energy costs. See the dashboard below for all of our supply chain metrics.
