Subscribe / Renew
|► Subscribe to our Free Weekly Newsletter|
July 22, 2021
DEARBORN, Mich. — For months, anyone who wandered onto a dealer lot to look for a used car could be forgiven for doing a double take — and then wandering right off the lot.
Prices had rocketed more than 40% from their levels just before the viral pandemic struck, to an average of nearly $25,000. The supply of vehicles had shrunk. And any hope of negotiating on price? Good luck with that.
. . .