April 17, 2024
11 11 11 AM
Unveiling the Best Used Cars: A Comprehensive Guide
Comprehending and Fixing Hail Damage to Your Car
Cars That Captivate the Youth Worldwide
The Dawn of Automotive Evolution
A Comprehensive Guide to Smart Purchases
Navigating the Used Automotive Dealer Landscape: A Comprehensive Guide
Equipping Yourself for Auto Repair: A Comprehensive Guide
Unlocking the Secrets of Salvage Vehicle Auctions
Maximizing Value – How to Choose the Right Auto Parts for Sale
Deciphering the Universe of Used Car Prices
Latest Post
Unveiling the Best Used Cars: A Comprehensive Guide Comprehending and Fixing Hail Damage to Your Car Cars That Captivate the Youth Worldwide The Dawn of Automotive Evolution A Comprehensive Guide to Smart Purchases Navigating the Used Automotive Dealer Landscape: A Comprehensive Guide Equipping Yourself for Auto Repair: A Comprehensive Guide Unlocking the Secrets of Salvage Vehicle Auctions Maximizing Value – How to Choose the Right Auto Parts for Sale Deciphering the Universe of Used Car Prices
Apr
2023
13

As Auto Prices Rise, Used Cars Are Looking Shinier

Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps thousands and thousands of individuals attain financial freedom by means of our web site, podcasts, books, newspaper column, radio show, and premium investing companies.

Toyota started to scale back leasing in 2015. General Motors lower gross sales to rental car companies final yr to manage the used-car supply, GM chief financial officer Chuck Stevens mentioned. Now GM is reallocating incentive spending away from leases toward conventional financing, as new-automobile sales are expected to again off slightly from last yr’s record 17.5 million. Jake Winfield, a math trainer in Phoenix, considers himself a beneficiary of the automobile oversupply. Late final 12 months he purchased a 2015 Accord with underneath 15,000 miles that he believes began life as a lease. He paid just under $20,000 for the certified pre-owned automotive with aluminum wheels and a moon roof; the automotive’s …