Analysts Predict The Decline Of Car Prices

Jan. 31, 2014 - PRLog -- Analysts predict that used cars will decrease drastically. Dealerships nationwide are expected to receive an influx of lease returns and will have a larger selection of pre-owned inventory available. Prices increased 18 percent from 2007 to 2013 and during these years used cars outsold new vehicles by three times. A total of 42 million used vehicles were purchased in the U.S.

Experts predict used vehicle prices to drop approximately 1 percent. A fall in prices is eminent since prices remained higher last year than expected by business insiders. With the economy in a current upswing, many consumers are expected to trade in their pre-owned vehicles for new ones.

Prime Motor Group is a group of car dealer serving Massachusetts, Maine and New Hampshire with a large selection of new and used cars. Our vehicles include; Acura, Audi, Ford, Hyundai, Kia, Infiniti, Mazda, Mercedes, Porsche, Buick, GMC, VW, Honda and Toyota. Take a look at our used car inventory here http://www.driveprime.com/inventory/used-vehicles. Our dealers include Prime Toyota Boston, Prime Honda Boston and more. Services offered include auto financing, leasing, repair and accessories.