Friday, August 12, 2011

Used cars commanding record prices, sometimes cheaper to buy new

Fell only a few years after the U.S. auto sales to their lowest levels in decades dealers are looking for an industry-wide shortage of used vehicles. This lack of inventory, the price of the few cars used for much, the consumer sends increasingly aggressive pricing of new vehicles. An economist says as many as 500,000 people who intend to buy on the website is used to take delivery of new vehicles until mid-2012.

That was not entirely unexpected. If the production and sales dropped, many have reached a steady supply of leasing and fleet returned - which traditionally provide the latest models with low mileage stock - expected to slow to a trickle on the road. The vehicles are often packaged for sale from dealers with an extended warranty, but special packages of incentives and car financing is usually not apply. Parked next to new vehicles, with aggressive pricing and low interest rates, consumers will find that a marginal dip in the price (if any) are the aroma of freshly coined a vehicle in their driveway.

There is good news for automakers like BMW (car sales up 13 percent), GM and Ford (two percent expect that a 10-boost). However, most Japanese car manufacturers are still in shock after the loss of production this year, will not allow them to enjoy the many activities and unique situation. Industry experts that are capable of sales of new vehicles and used to predict the used car market, at least one or two years strong.

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