Archive for June 2nd, 2011

02
Jun
11

Demand for used cars continues. . .Dealers urge consumers to trade-in now

The effects of the Japan earthquake and tsunami continue to be felt, especially in the automotive industry worldwide. Supply of used vehicles is getting so tight that dealers are now reaching out to customers and urging them to take advantage of great trade-in values on their used vehicle. Prices of used vehicles are now up almost 30% since last year says NADA analyst, so this is one of the best times in history to trade in a car or truck. Right now it truly seems to be a win-win situation; the dealers (need) get the inventory, and the customer get’s the most money for their car, so both parties win.

To read full article on NADAFrontPage.com and watch the TV interview program “AutoFocus”, please click here.