CNBC |
A half-million flooded cars and trucks could be scrapped after Harvey CNBC Auto dealers are expecting a surge in business once Houston gets back on its feet. Used–car values are already close to a record high, and Mannheim Auto Auctions says prices could climb even higher over the next couple of weeks due to the tighter supply. Up To 500000 Cars Could Be Totaled From Hurricane Harvey Damage Auto industry feels Harvey's impact |
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Used cars get cheaper as people buy more SUVs – CNBC
CNBC |
Used cars get cheaper as people buy more SUVs
CNBC Although values of crossovers, sport-utility vehicles and pickups are holding ground, dealerships are being flooded with used cars coming off lease, a situation that will grow more extreme over the next couple of years. Used–car prices could decline by … |
Used car prices are falling for the first time since 2008 — here’s why – CNBC
CNBC |
Used car prices are falling for the first time since 2008 — here's why
CNBC Used car prices look set to suffer their first meaningful decline since 2008. And the likely culprit is the strong number of new vehicle sales. According to "NADA Used Car Guide," used car prices will fall 5 to 6 percent this year. And while some may … |