One you don’t buy.
Greater number of people unable to make their leases payments, resulting in a greater number of cars in the marketplace. Looking at recent economic data including unemployment and closures of small to medium sized businesses shows a worrying outlook in the medium to long term.
Stock market is not necessarily a good indicator of overall economic performance. Key growth in sectors come from those who do not employ many workers. In California their are a large number of people in middle to lower middle class jobs who lease cars. These jobs have all but disappeared during the crises. Once the ban on evictions is lifted and unemployment benefits dry up there will be fluctuations in multiple sectors, including automotive.