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Market Insanity 

Used Car Prices are Plummeting

April 4, 2017 daniel buyer’s market, Ford (NYSE: F), Hertz Global Holdings (NYSE: HTZ), rising interest rates, Underwater Cars, Used Car Prices are Plummeting, Used vehicle prices might fall by 50%, used-car glut

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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