Home / used cars / Market for used cars revving up

Market for used cars revving up

Smoke said, that a large number of relatively young used cars are hitting the market. Based on Manheim’s data, used cars historically have depreciated at a rate of about 1.5 percent per year.
Dave Lawrenz has heard plenty about the pending free fall for used car prices nationwide as lease returns saturate the market, putting supply way ahead of demand.
With more good used cars hitting the market, experts believe that may be pushing prices up.
Even so, many analysts have been talking about a massive decline in used car prices.

Market for used cars revving up

as declared in Business News of Wednesday, 21 June 2017Source: Daily GraphicIncrease import tax on used cars – EPACurrent tax regime highly favoured used car importsThe Environmental Protection Agency (EPA) is making a strong case to introduce higher taxes on imported used cars while taxes on new cars are drastically reduced.
He said the current tax regime highly favoured used car imports, a situation that encouraged such imports at the expense of public health.
The EPA recently hosted a workshop for environmental and transport experts across the continent to promote soot-free bus and sustainable public transport in Accra.
“This is a public health issue that must be addressed to reduce the number of people silently dying from respiratory and cardiovascular diseases.
“The Ghana Health Service did an assessment in 2010 and realised that respiratory ailment is second to malaria among the top 20 diseases in Ghana,” he said.

as declared in

Smart choices important for new driver used cars

To help families find safer vehicles that fit within their budgets, IIHS began publishing a list of recommended used vehicles for teens in 2014.
For numerous articles on traffic law and safety, go to the traffic safety board’s website at www.franklincony.org and click on “Traffic Safety Board” under departments then look for Did You Know articles under “services.” You may also email me at: dwerner151@verizon.net.
The April 12 issue of Status Report from the Insurance Institute for Highway Safety lists used vehicles that are “Best Choices” starting under $20,000 for teenage drivers and also their recommended “Good Choices” starting under $10,000.
Before purchasing a used vehicle, it’s critical to check for outstanding recalls.
Their most recent lists of safer vehicles are found at the above website.

collected by :Haily Jackson

visit us used cars

Check Also

picture.jpg

Louisiana Attorney General warns people about buying used cars after Harvey and Irma

Attorney General Jeff Landry is saying Louisiana inhabitants to be careful while shopping for cars …