Filed under:
Earnings/Financials,
Auctions,
Car Buying,
Used Car Buying
![](https://o.aolcdn.com/images/dims3/GLOB/crop/6108x3436+0+153/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-06/33cb9100-a72c-11ea-bb77-aab929dda9ab)
At the height of the coronavirus pandemic in mid-April, used-car dealer Alex Tovstanovsky had vehicles jammed six rows deep on his lot in the western Chicago suburb of Naperville. Despite plummeting sales at his store, Prestige Motor Works, Tovstanovsky was betting on a recovery, buying dozens of cars in early April as auction prices for used vehicles dropped. "This is an election year and I felt the Trump administration and the Republicans in Congress would do whatever it took to keep the ec
Continue reading Used-car sales surge in bargain-conscious coronavirus economy
Used-car sales surge in bargain-conscious coronavirus economy originally appeared on
Autoblog on Fri, 5 Jun 2020 09:15:00 EDT. Please see our
terms for use of feeds.
Permalink |
Email this |
Comments
More...