Northeast Should Continue to See Strong Used Car Prices

Black Book - December 3, 2012

While 60% of all new sales include a trade, on aver­age, this trade-in num­ber is expect­ed to be much low­er through­out the North­east, accord­ing to Ricky Beg­gs, Man­ag­ing Edi­tor of Black Book’s esti­mates. Trade-in activ­i­ty could fall as low as 30% of new sales through­out the North­east in post-hur­ri­cane envi­ron­ment. This could mean con­tin­ued near-term increas­es in used car prices.

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