Luxury Car Prices See Reversal

BankRate - July 18, 2012

New lux­u­ry vehi­cles are expect­ed to be cheap­er in the com­ing months, due to increased incen­tives; but prices of used lux­u­ry vehi­cles are ris­ing, accord­ing to Bankrate.com. The role rever­sal is occur­ring because automak­ers are com­pet­ing for a small­er group of new-car buy­ers, and, on the oth­er hand, the num­ber of used lux­u­ry cars avail­able is much small­er than the poten­tial buy­ers.

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