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Tag Archives: used vehicles
For consumers considering trading in older used vehicles, 2017 could be the time. The latest study predicts a record number of off-lease vehicles will fill dealer lots and that a declining number of older trade-ins will put significant upward pressure on the late model used market this year. Continue reading
Car shoppers now get a Carfax Vehicle History Report with every Chevrolet, Buick and GMC Certified car, truck and SUV at no-cost from the selling dealer. In addition, all Chevrolet, Buick and GMC Certified Pre-Owned vehicles are listed for sale on Carfax Used Car Listings. Notably absent is Cadillac. Continue reading
Sales of certified pre-owned vehicles reached an all-time high during 2014 at 2.3 million, according to the latest study. This means that certified vehicles accounted for almost 21% of the used market. Continue reading
In general, automakers are setting record used car sales through their dealers as the U.S. economy slowly recovers – more than 80% of workers commute to work in vehicles – and interest rates remain at absurdly low rates as taxpayers continue to subsidize the bankers and Wall Street firms that caused the Great Recession. Record high new vehicle prices – more than $30,000 on average for a car, +$40,000 for a truck – are also forcing some buyers into used vehicles. Continue reading