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Used Cars

As luxury residuals fall, some cite Tesla

First-quarter repossessions remained low, and high consumer demand absorbed off-lease vehicle inventory. As a result, lenders repurposed cash set aside to cushion losses, counting it toward profits instead.
UK
By:
Urvaksh Karkaria
October 14, 2019 04:00 AM

The luxury segment is having a tough time these days. Despite resilient sales volumes this year, the brands' residual values are falling.

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