Chris Bryant, Columnist

The Used Car Pile-Up

Industry faces a glut of vehicles coming off lease in 2017.

December 7, 2016 at 11:04 AM UTC

Chris Bryant is a Bloomberg Opinion columnist covering industrial companies in Europe. Previously, he was a reporter for the Financial Times.

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2017 is shaping up to be an excellent year to purchase a used car. That's great news for consumers -- but a big worry for auto manufacturers, rental companies and auto finance groups.

This chart explains why: