Posted: Fri 12:41 PM, Dec 28, 2012
Reporter: WSAW Staff
2013: A Good Time to Buy a Used Car
Next year may be a good year to buy a used car as 500,000 more consumers are coming off car leases than in 2012.
According to ConsumerAffairs.com, the off-lease vehicles should flood the used car market and help to bring down prices. Edmunds.com expects the average used car price to fall $200-$300 per vehicle in 2013.
Car owners holding on to cars and trucks for about a year longer than they did before the recession, created a tight supply of used vehicles, driving up used car prices.
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