Carmel, IN, April 24, 2013—A perfect storm of factors will make the next six weeks a prime time to sell a used car. This is particularly the case if consumers are looking at buying new. March 2013 saw the highest used car sales for the month in 11 years. And according to CarBuyCo’s Vice President Leslie Vander Baan and KAR Auction Services’ Chief Economist Tom Kontos, the outlook for prices will continue to be positive for sellers.
“These are signs that those who were not able to afford a used car over the past several years are getting back into the market,” says Vander Baan. “More buyers for used cars means higher prices for those looking to sell. These are conditions that haven’t existed in several years. Whether your car is a 2008 or a 1998, the stronger economy means the numbers are in your favor.”Continue Reading