In January, car buyers mostly flocked to dealerships to buy luxury brands, according to a report. But what about the vehicles that sat on a lot in Seattle for months?
A new report from automotive research firm iSeeCars.com analyzed the cars and trucks that on average took longer to sell in January. This can be news to a buyer, because the longer a car sits, the better deal it can garner.
The difference between the fastest-selling cars and the slowest-selling cars is another example of the wealth inequality exacerbated by the COVID-19 pandemic.
“While the demand for higher-priced vehicles is growing, the demand for more economical models is declining, which shows
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