Tuesday, October 2, 2012


The growth in used car marketplace has been accelerating each year as American's appetite for leasing new cars outstrips historical trends of purchasing cars with four and five year car loans. The move towards leasing creates a predictable cycle of used cars hitting the market. Most leased cars are returned to the dealer within 24 and 36 months from the origination date of the lease.

The leasing phenomena has changed the dynamics of the used car marketplace by injecting quality pre-owned cars that often have low mileage and excellent service records. Many readers may remember the days when a used car lot looked like a collection of "misfit toys" from the popular animated cartoon movie. Today, a used car dealer strives to find quality low mileage cars with no history of accidents, abuse or stress to the car.

1 comment:

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