Business
‘Never seen anything like it’: The used car market’s wild coronavirus ride – The Age
Used car prices are up by almost 40 per cent and mechanics are booked solid in “ridiculous” pandemic market conditions.
Prices crashed about 15 per cent in the first months of the pandemic because of trading restrictions and uncertainty, Datium Insights analyst Tanim Ahmed said.
Customer Miguel Mendoza getting instructions for a test drive from ANS Car Sales dealer Bill Assaad.Credit:Jason South
But after that shock, when trade started to resume again, the stock of new cars
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