Marcie Belles's Blog – May 2012 Archive (1)
The New Normal for Used-Car Values
Since the collapse of the new-car market in 2008, industry participants have talked about a “new normal” for car sales. The argument was that the prior 17-million-unit sales pace was inflated, and 14 million units was a more appropriate rate based on population figures and driving habits. Manufacturers have since recalculated production volumes and reduced headcount accordingly.
While adjustments were made on the new-car side, the used-car market has been strengthening. Limited…
ContinueAdded by Marcie Belles on May 10, 2012 at 1:00pm — 3 Comments
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