Used Cars $500 Down, Used car sales skyrocket as high prices drive down new car sales

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Used Cars $500 Down, Used car sales skyrocket as high prices drive down new car sales – If you think that new cars are too expensive, you probably are not the only one.

According to an article published by Wall Street Journal, the difference in price between new and used vehicles is as important as the last five years, demanding buyers for dealers and cars as well as for smaller cars. Show.

Demand for vehicles is still strong and the number of new cars is running out of the way, buyers will come relatively recently to surplus cars, lorries and SUVs.

Used Cars $500 Down

According to the report, the average price of a new vehicle in the US was $ 36,848 in December 2017 and in the second quarter of 2018 it dropped to $ 35,828, while the average price of a new vehicle was $ 22,489, nearly $ 13,500.

“When people see a price increase, what a shock, especially when people buy cars every five or six years,” said Brian Allan, director of the Galpin Motors Resale Directorate. He insisted that Galpin and others have seen customers come from their car to buy more vehicles than ever before.

Despite the average car price difference compared to 2017, it rose to $ 865, and car sales in the second quarter of 2018 to 10.4 million cars in the past.

Since interest rate zero and other incentives that began to decline due to federal interest rates and growing trade disputes, the prospects for new car sales are not improving at this time. in the long run

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