Monday, 18 July 2011

Used car demand means big bucks for trade-ins

(WSFA)- Take a walk around a used car lot and you'll quickly see "used cars are almost as expensive as a new car," says Brewbaker Motors Vice President, Don Rickard.

He says there's a reason for it.

"When the economy was down three years ago, when we were selling 9-million instead of 17 million--which we sold in 2007, there is going to be a shortage in used cars, so the price is going to go up." Read more here…

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