Home > Used Car Tips > Prices on Used Cars are going UP!

Prices on Used Cars are going UP!

Most people are aware that when considering between new or used most saavy consumers consider a preowned vehicle vs new. The reason for this is the hit on depreciation once you drive a new car off the lot. Depending on the make and model the hit can be as high as 50%. Since the downward change in the economy the used car industry had been somewhat stagnant, yet in 2011 things has started changing toward the better for the industry.  The used car industry had a good 2011 and it’s looking to have an even better 2012 based on predictions by industry experts who see strong sales numbers continuing and “strong prices” ongoing in certain segments.  So if your considerering buying a used car in the near future you might want to acquire it sooner before the expected price increase. Check out this yahoo article on the subject.

http://autos.yahoo.com/news/thinking-about-a-used-car–buy-now–before-prices-rise.html

Orlando Lopez

Select Luxury Cars, located in Marietta, Ga. on Highway 41, hand “Selects” every vehicle. We specialize in the highest quality automobile made all over the world. Whether you live here in the Atlanta area or anywhere around the world, we will find the exact car you are dreaming of. If you are looking for a Mercedes, BMW, Bentley, Rolls-Royce, Lamborghini, Ferrari or other high end model, begin your search here. http://www.selectluxury.com

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Categories: Used Car Tips
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