Used Car Prices Stabilize

Friday, 6. November 2009

After a year of successful growth in used car prices we are now starting to see prices level and, in some cases, slightly fall in auction. With fewer new car registrations, a reduction in rental car fleets and cars being scrapped the supply chain of used cars reduced significantly through the year. Businesses started to buy used cars instead of new as well as hold onto their lease cars by extending contracts turning the Read more »