That decline was smaller than the 17.9% decline nationally in vehicle registrations but larger than the 7.1% decline in Colorado in used vehicle registration, which includes vehicles 7 years old or newer.
Jackson noted that “new vehicle inventories at dealers statewide are exhausted.” Higher interest rates, vehicle price increases and higher gasoline prices all weighed on sales.
DUH!! Who can afford a new car when Coloradans can't even afford gas, groceries or rent?
Build Back .... Oh just forget it! 🤦♀️
A recession will do that. Well that and a horrible economy