Peak Preowned: Used Car Inventory Hits Record Level; Congratulations, You Are Qualified

by Mike ‘Mish’ Shedlock
Mish Talk

Hot on the Lot

Auto manufacturers finally stuffed every dealer’s lot full of cars just as a glut of used cars hit record levels.

In an effort to dump the high and rising number of cars, dealers are slashing prices.

Want a car? If so you are qualified. But who doesn’t have a car that needs one?

The Wall Street Journal reports Hot on the Lot: Leasing a Used Car.

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