Automotive News, April 27, 2019 – For the used-vehicle market, 2019 got off to a slow start before finally getting a spring bounce.
While this is a typical pattern, January and especially February were both slower than usual this year, analysts said. One-off industry events crimped used-vehicle sales at the onset of the year, including a government shutdown and bad weather, and the market also was coming off an especially strong summer.
But as tax refunds began to make their way to people’s bank accounts, buyers began to show up at used-vehicle lots accordingly.
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