Dealers Are Now Willing To Sell Used Cars With 200,000 Miles Themselves | Carscoops carscoops
and the resulting lack of brand new vehicles has been a major problem for automakers and new-car dealers alike but it’s affecting used car sales in an interesting way. Prices are higher of course, but what might surprise you is that mileage is higher too and many dealerships are now in the business of selling used cars with six-figure odometer readings.
Many factors are at play but perhaps none as prominently as the parts shortage. Dealers across the nation and across different segments and demographics are struggling to get enough stock to sell to new-car customers. The decline has caused those same dealers to rethink how they approach the used-car side of the business.instead of kept on the lot for resale. Dealers could make a few quick bucks and invest nothing into the used car while continuing to focus on new-car sales.
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