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

WPVI logo
Thursday, September 3, 2020
When's a good time to buy a car? Right now!
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.

Escape the pandemic with a leisurely drive to the Jersey Shore and these other scenic driving routes.

Scenic Drive 2
Take the Scenic Route to the Beach: Google Maps

Scenic Route 3
The Park Charms of Fairmount Park: Google Maps

Copyright © 2025 WPVI-TV. All Rights Reserved.