This post was originally published on this site
The used car market is improving, and it’s doing it defiantly.
Some signals indicate that prices should be rising. But they aren’t.
Car dealers paid 1.6% less for used cars at auction in the first 15 days of November. Wholesale prices were down 5.3% from a year ago. That comes even though dealers have fewer used cars to sell than they’d like.
…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Already a subscriber?
Log In