The number of Casual or Private Party sales is beginning to see positive ground, says CNW Researchs Art Spinella. While 1.1% increase is slight, it reverses a downward trend and could have significant impact on both franchised and independent dealer inventories. Transactions typically deal in older models upgrading to less-old versions.
While MSRP of new vehicles sold in February rose 3.7% vs. a year ago, manufacturers incentive level jumped
The recession caused many potential UC buyers to postpone purchase, causing backlog of pent-up demand and used car sales of
Franchised dealers saw 5.3% increase in UC transaction prices over February, while
independent dealers saw
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