We were forced to purchase a newer car last week. The salesman told us the dealership is relying on trade-ins right now because prices at auction were outrageous.
My son-in-law is a used car salesman, and we are friends with a few used car dealership owners around town. Their inventory is almost as bad as when the ‘Cash For Clunkers’ Obama disaster was going on. It nearly wiped out the used car industry......................