Asad Shoaib's Blog – April 2021 Archive (1)

Used Car Prices Soar as Supply Struggles Hit

The COVID-19 has a huge impact on the prices and supply of used car. In September 2020, the prices of the used car were almost 30% higher than the same month in the last year, 2019. It was also 3.8 % higher than the previous month of the same year, August. So, it is the best time for the sellers to sell their used cars. However, we must determine the cause of the incredible increase in the prices to understand the equation properly.

Here are a few reasons that highlight the reason the…

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Added by Asad Shoaib on April 16, 2021 at 10:30pm — No Comments