You also need to consider the upward pressure on new price from inflation which also impacts second hand values too. My understanding is the MY23 cars will be noticeably more, maybe not on base price but once you factor in increased prices for the extras. Will also be interesting to see if the consequences of accommodating air bags on the MY23 cars (as seems likely) mean some people will prefer a MY22 car if it means more options for the dash and steering wheel. It’s inevitable that residuals will soften to some degree with the recessionary climate, but for how long and by how much is a complex guess. Let’s hope it’s not too much and previous assumptions largely endure.
