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Kontos: Increasing Supply from Diverse Channels Softens Used Car Prices

2014-08-20 21:12:23| AutomotiveDigest.com - Automotive Industry News

Tom Kontos Executive VP & Chief Economist ADESA Analytical Services Wholesale prices continued softening in July; that came from retail used vehicle sales coming down year-over-year (though up month-over-month). Dealers also saw more trade-ins from strong new vehicle sales. As expected, supply is continuing to increase as more off-lease and off-rental units entered market though […] The Article Kontos: Increasing Supply from Diverse Channels Softens Used Car Prices appeared first on Automotive Digest.

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