Trade-in Values for Used Cars Rising

More good news for those looking to trade-in their used vehicle; trade-in values are on the rise. According to NADA Used Car Guide they anticipate trade-in values from May to June 2011 on many small popular cars to increase in trade-in value by over 10% and some even as high as 17%. This increase is expected because of the combination of: shortage of used cars in the market as a result of the devastation in Japan and the increased consumer demand for small cars. This increase isn’t just expected from May to June but has been seen in this first half of 2011.

To read the full article in F&I Magazine, please click here.

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