Northeast Should Continue to See Strong Used Car Prices

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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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