Art Spinella Analyzes the Strong Month Dealers Had in Retail Used Sales

Novem­ber was a great month for deal­ers sell­ing used cars, accord­ing to Art Spinel­la of CNW Research. Prices for used vehi­cles climbed more than 3.2% over the pre­vi­ous year for fran­chised deal­ers and near­ly made it to a 3.5% increase for inde­pen­dent deal­ers.

Demand came from Hur­ri­cane Sandy and result­ing used-car inven­to­ry loss­es. Share of ask­ing price for fran­chised deal­ers was at…

Fran­chised and inde­pen­dent deal­ers saw a great month and pri­vate par­ty sales didn’t; over­all used-vehi­cle sales reached…

Emo­tion­al buy­ers seek­ing a par­tic­u­lar made and mod­el are return­ing – the most recent data shows that…

Click here for Art Spinella’s analy­sis of the Novem­ber used car mar­ket includ­ing a warn­ing to deal­ers over increas­ing pri­vate par­ty sales…

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