Used-Vehicle Sales Up From December
But year-over-year volume down on high borrowing rates, rough winter.
But year-over-year volume down on high borrowing rates, rough winter.
November Cox Auto numbers show demand outpaced supply.
Prices were off, though demand proved steady in wholesale, Cox Automotive says.
Cox shows September activity rebalanced the market.
Pandemic pressures have forced used-car buyers to get older and older vehicles.
August figures show month-over-month decline, but SAAR up YOY.
Sales steady despite still-elevated prices.
Improved inventory buoys the former while the new-vehicle market shows balance.
First half of year ends with signs of normalizing, thanks to improved inventories.
Prices trending upward as wholesale increases trickle down.
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