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Ford Authority : reported that Used Cars Threaten To Cut Into Ford’s Profits

As it stated in The volume of available used vehicles has triggered quick depreciation, and as cars, trucks, and SUVs re-enter the market after being leased, their sticker prices are impacted.
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.
“We expect this trend of above average annual depreciation to continue in 2017 and 2018,” he says.
Ford is the canary in the coal mine,” says Connecticut auto industry consultant Maryann Keller.
Ford Motor Credit Company is already cutting back on leasing; in the third quarter of 2016, it accounted for 18 percent of retail sales, says Bloomberg.

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Best Used Cars Under $20,000

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Reliable Used Cars for Credit-Challenged Buyers in Philadelphia, PA

Luckily, though, there are used cars available in Philadelphia, PA that are affordable to buy and built to last.
Used Cars that are Reliable, Affordable and Easy to Find in PhiladelphiaData collected here at Auto Credit Express has revealed a list of used cars that should fit the needs of drivers with bad credit in Philadelphia.
This small car has also earned “strong” EPA-estimated fuel economy ratings.
Buying a car seems to be the logical solution, but for those who have bad credit, getting the right vehicle may seem challenging.
Also, because this small car handles “superbly” and is equipped with an upscale interior, it offers a much more enjoyable ride than the modest price tag suggests.

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collected by :Haily Jackson

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