![]() ![]() Calendar year 2021 did not have typical seasonality patterns as the market had rapid increases in wholesale values for the majority of the year. We saw a similar picture in 2009, at the end of the Great Recession. With economic patterns (including the automotive market) driven by the pandemic, normal seasonal patterns (e.g., 2019 calendar year) in the wholesale market were not observed for most of the last 2 years.
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