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USED car sales in 2009 plunged to their lowest level in almost a decade reports data expert Experian. A drop of 5.7 percent saw 6,798,864 used cars sold in 2009. This is comparable to 2000, says Experian, when 6,713,269 used cars were sold – and is a culmination of sales that fell every singe quarter [...]
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MANHEIM has predicted 2010 will be a positive year for used car retailers as the recovery continues. However, it has also warned car dealers to start preparing now for future challenges in the used car market. Weak registrations in 2008 and 2009, it explained, will limit the use car pool in 3 to 4 years’ [...]
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