Thursday, September 22, 2011
Why there are so few used cars
OK this was a very interesting news story. I've thought for a long time that the used car shortage stemmed largely from the "Cash for Clunkers" program that Washington used to prop up the tottering auto market during the financial crisis. Turns out the shortage of used cars seen now has its roots in the crisis, but for different reasons. Check out this story in Automotive News.
The last JM trailer
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