Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

used-car glut

Market Insanity

Used Car Prices are Plummeting

The volume of lease returns is expected to increase by around nine percent in 2017, J.D. Power estimated. That means dealers will be flooded with clean late model vehicles in good condition. If this prophecy comes true, it’ll cut the value of trade-ins by around nine percent.

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