Several car dealers in Colorado Springs are reporting sharp price hikes and a drop in availability of affordable used cars on the wholesale market in the wake of the federal government’s Cash for Clunkers program and the financial turmoil in the new-car industry.
The dealers said the effects are — or will soon — be visible on a car lot near you, in the form of slimmer selections and higher prices.
One dealer said every late-model used vehicle he’s seen lately on the wholesale market is $2,000 to $3,000 higher than it would have been a month ago.
http://www.gazette.com/articles/dealers-62255-used-cars.html
Typical of government, help the rich at the expense of the poor. Libertarians all knew this was coming, not that we are happy to see it has happened.
great post! buying used cars lets you save a lot
Posted by: used cars | September 17, 2009 at 09:37 PM
Yes! I agree to author. Keep posting.
http://themotoring.com
Posted by: The Motoring | October 20, 2011 at 12:24 AM