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A tight supply of used vehicles resulting from the earthquake in Japan and pent-up demand in the marketplace has made now one of the best times in history to trade in a car or truck, says NADA analyst Jonathan Banks. "The consumer has a really valuable asset sitting in the driveway," Banks says in the TV interview program "AutoFocus." "Prices on used cars are up about 30 percent year-over-year."
A tight supply of used vehicles resulting from the earthquake in Japan and pent-up demand in the marketplace has made now one of the best times in history to trade in a car or truck, says NADA analyst Jonathan Banks. "The consumer has a really valuable asset sitting in the driveway," Banks says in the TV interview program "AutoFocus." "Prices on used cars are up about 30 percent year-over-year."
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