Thursday, 18 August 2011

The rise in car prices fall last start a little

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The rise in car prices fall last start a little: When a sharp rise in wholesale prices of used cars have begun to fall slightly. It is expected to slow down, or at least slow down abruptly to the retail prices of used cars   what you pay  that are more than 30% this year. At the wholesale level, fell in the second car used for $ 300 in June and now has more than $ 600 below the peak in April so far, says Tom Kontos is consulting arm of Hades. He is an adherent of the nation's largest wholesalers of used cars. Although the wholesale prices used cars are tapering off, do not wait until the last participant. "Straits Used Car accessories, in addition to strong retail demand should be used vehicle prices have fallen dramatically," Kontos write a note for the industry. And even if the prices used cars begin to slow down the pace, retail sales of used vehicles in the month of July were even higher, up 17.8% year over-year new car dealers used car lot and up to 10 7%, and independent retailers. This is a month-on-month basis, sales of used cars has increased in both groups. "Certified" used car sales in July was 1.4% compared to June, registering the strongest display of the automobile is supported by these programs, according to Autodata. Sounds like a "slight increase", economists continue to say that is happening, at least yet taken place in the automotive industry.

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