je.st
news
Used Car Buyers Get Welcome Relief as Prices Tumble
2014-08-17 17:42:58| AutomotiveDigest.com - Automotive Industry News
After watching prices surge to record levels in the wake of the Great Recession, U.S. used car buyers are finally catching a break, with costs tumbling sharply on most models and likely to continue to slide through 2016, according to those who track pricing trends. There are a few exceptions, such as pickup trucks, which have been in increasingly high demand as contractors and fleets rebound along with the economy. But there are great deals to be had on nearly new luxury cars and a number of other models, according to such experts as Tom Webb, the chief economist for Manheim, which runs some of the nations largest used vehicle wholesale auctions. READ MORE about the pricing decline The Article Used Car Buyers Get Welcome Relief as Prices Tumble appeared first on Automotive Digest.
Tags: car
prices
relief
buyers
Category:Automotive