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Red Hot New & Used Car Markets

Schwab Network

English - June 14, 2021 14:49 - 6 minutes - 44 MB - ★★★★★ - 23 ratings
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"Both new and used vehicle markets are red hot right now," says J.D. Power's David Paris. New vehicle customer facing transaction prices reached an average of over $38,500 per unit in May. Year-to-date sales are up 35% from last year's virus impacted market, even with the production challenges facing automakers currently.