Thanks so much for coming on here and clarifying things Todd and to you and your team for your hard work. The new advertisement with Tina is really good stuff, top marks !
https://www.nzherald.co.nz/business/...OHJKR7XK752FA/
Interesting anecdotal story opining that the chip shortage could cause economic pain for years to come. (Paywalled)
The relevant part for Turners is this is very supportive of used car values. I've read one or two articles about how the European manufacturers are coping... and for instance BMW are taking important features like adaptive cruise control out of some of their models due to the unavailability of some chips.
I find it hard to imagine buying a high end BMW without adaptive cruise control that is standard fit on, (for example), every Toyota Corolla.
I also wonder where are all the batteries going to come from for the tidal wave of new EV' models set to be released in the next few years...but apologies, I digress.
I think used car values will stay "stronger for longer".