The automotive market: Reduced inventory leads to more leasing and pre-owned cars

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Thursday, September 3, 2020
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Inventory shortages have led to a bump in purchases of pre-owned vehicles and some pretty incredible deals.

COVID-19 closed dealerships and shut down manufacturing factories. The closures have put a strain on the automotive market creating a supply issue for some specific models.

The pre-owned market has seen a spike with new customers looking for a ride and leased vehicles re-entering the market.

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