used car values today

Asked by Guru6RYR1 Mar 31, 2020 at 10:32 AM

Question type: General

due to the corona virus and the global shut down of auto manufacturing, will
used car values increase until production can restart?

1 Answer
40,150

TDolby answered 4 years ago

Hard to say, it will come down to supply and demand. So will there be a lot of demand for vehicles in the coming months, or will car sales hit the skids because so many people are out of work and the market is down? It's a guess at this point. If we each had the answers we would be rich.

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