President Trump's proposed tax cuts may not generate enough cash in pocket to spur many new-car purchases, but increased consumer spending could lead to job creation that does result in people buying more new cars. Edmunds' chief economist explains how.
Leasing Plateaus After 4 Years of Growth
Accessibility trumps exclusivity in the new luxury landscape.
Q2 used sales crossed the 10 million unit threshold for the first time in 2017. Sales increased across the board as total used sales rose 1.7 precent from Q2 2016, franchise used sales increased 1.4 percent, and CPO sales climbed 2.3 percent.
In Q1 2017, 10.2 million vehicles were sold in the used market, a decrease of 1.3% versus the previous year.
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