Why Used Car Prices Are High — Millions Of Cars Are Missing
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YouTubeCNBC
Why Used Car Prices Are High — Millions Of Cars Are Missing
Pandemic era auto production pullbacks have left a hole in the used car market that totals about 7.5 to 8 million vehicles, according to estimates from Cox Automotive. Incentives still are below pre-pandemic levels, and leasing rates are still low–especially for some popular vehicle types. That era also changed automaker behavior in ways that ...
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