Dealers say competition for used vehicles, especially from upstart online auto sellers Carvana and Vroom, contributed to the price increases with bidding wars at auctions. Still, Jackson argues that autos remain affordable because consumers are typically receiving more money for their trade-ins. Interest rates remain low, too. New-vehicle loan rates not subsidized by automakers are averaging 4.4%, according to Edmunds, while used loans average 7.8%.
"auto" - Google News
February 24, 2021 at 01:01AM
https://ift.tt/3qPJ7JJ
New or used? Either way, price hikes squeeze US auto buyers - WWNY
"auto" - Google News
https://ift.tt/2Xb9Q5a
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
No comments:
Post a Comment