A lot of Louisville KY consumers are surprised at the rising cost of quality used cars, which is understandable. To us in the industry there is no surprise, like always it’s simple cause and effect in action.
Any time the economy is down, it’s immediately reflected in the car business. After all America is a mobile society and has been since our boys came home from WW2. The automotive industry is and has always been a good indicator of the overall health of our economy. But we’ve had recessions before, so what makes it different this time?
Mainly there are 2 reasons. Continue reading The Rising Cost of Used Cars