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More price reductions for preowned vehicles on my watch list. New vehicle listings are at similar or lower prices than slightly better optioned but 3 model year older used units. The market is confused and preowned prices will adjust lower.
Dealer salespeople are emailing me directly to let me know about pride reductions after telling me “no” to my initial suggestion for a lower price.
I see preowned prices going lower for the forseeable future. Comments?
p.s. Latest Cox/Manheim news release indicate price and sales volumes headed lower.
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