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Are used car prices rising?
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Tim in WI
Posted 4/7/2021 05:53 (#8937450 - in reply to #8936908)
Subject: RE: Are used car prices rising?



Embarrass WI
Took my pickup in for oil change last week, visited with the owner/salesman as I plan to trade for a new truck later this year. He told me new vehicles are hard to get and slow to come, mostly because of transportation issues. Used vehicle prices are very strong, auction prices are higher than retail was a month ago. They use NADA book for values, and prices are changing so quickly that they update values weekly now, instead of monthly.
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