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Used Vehicle Supply May Reach Pre-Recession Levels By 2017

Apr 21, 2015

The NADA Used Car Guide recently reported that the late-model used vehicle supply is expected to reach pre-recession levels in 2017. A huge influx of vehicles coming off-lease is expected to drive late-model (5 years old or newer) volume up 8% this year. In a reversal of another pre-recession trend, the off-lease vehicle supply is expected to be dominated by compact cars, utility vehicles and mid-size cars.