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Used Cars Threaten To Cut Into Ford’s Profits

collected by :Haily Jackson

follow all news about “used cars” from different sites to most famous technicals /Gabrielle Coppola by 2017-01-26 at 13:58

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A Rising Tide of Used Cars Threatens Ford’s Profits

A Rising Tide of Used Cars Threatens Ford’s Profits

– All those years of rising U.S. auto sales are starting to work against carmakers.A glut of used vehicles has started to depress prices.That trend will intensify as Americans will return 3.36 million leased cars and trucks this year, another jump after a 33 percent surge in 2016, according to J.D.
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Used Cars Threaten To Cut Into Ford’s Profits

Used Cars Threaten To Cut Into Ford's Profits

– New vehicle sales in the US have increased each of the past seven years, representing the longest unbroken streak of rising sales since the time of the Ford Model T, according to Bloomberg.It’s been a good seven years for automakers, but all those new vehicles that entered the market in that time are threatening to cut into profits.And Ford, it seems, is suffering from that effect first.
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Why Used Cars Usually Have Higher Interest Rates

Why Used Cars Usually Have Higher Interest Rates

– Depending on your terms, the interest on your car loan can add up quite a bit.Your rate will depend on a few different factors, and whether the car is new or used is one of them.GOBankingRates explains why used cars typically have higher interest rates.
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