State of the used car market
Discussion
To those in the trade, would you say things are normal for this time of year or are you seeing signs of worst things to come?
Talking to a dealer the other day, he said that more cars than usual are not hitting their reserve prices at auction, and especially in the premium sector, the same cars can be seen going through again on different days.
The quality of available cars also seems to be worse for some reason.
With auctions being the barometer, what should we expect in the spring?
Talking to a dealer the other day, he said that more cars than usual are not hitting their reserve prices at auction, and especially in the premium sector, the same cars can be seen going through again on different days.
The quality of available cars also seems to be worse for some reason.
With auctions being the barometer, what should we expect in the spring?
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