First Half of June Sees Prices of Wholesale Used Vehicles Drop More Than Usual

[clasione]

First Half of June Sees Prices of Wholesale Used Vehicles Drop More Than Usual
https://www.autobuyersmarket.com/ne...wholesale-used-vehicles-drop-more-than-usual/ #usedcars

 

[King Belieal]

The used car market is gaining some stability now after it was trying to adjust to the shock of the surge in interest of auto loans. I reckon that it would keep dropping in price till it reaches optimal equilibrium.

 

[clasione]

We'll have to wait and see but it sure is not the best time to buy a new car now.
I hope comes down in about a year when it will be time for me to trade in my lease.

I think the U.S. election may play a huge role.