The document discusses trends in the used car market in 2020. It notes that consumer demand for used cars increased due to the pandemic as safer alternatives to public transportation. Used car prices decreased across most of the US, with the largest drops in Miami and Orlando. Luxury car models experienced greater price reductions compared to other types. The top used car dealers by sales in 2020 were CarMax, Penske Automotive Group, and AutoNation. The document proposes next steps to improve machine learning models for predicting used car prices.