Fewer vehicles, slower economy pose challenges for used-car dealers
WILLMAR -- Fewer vehicles and a slower economy are posing challenges for used-car dealers.
Kelley Blue Book, the leading provider of new car and used-car information, predicts used-car prices are expected to remain high for the next two to three years, due to a gradual decline in new-car sales dating to 2008, as well as a drop in the number of leased cars becoming available at the end of their contract terms.
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