Used car frenzy as dealers get desperate for stock
AS if the world wasn’t crazy enough right now, the car business is in a very strange place. Last year’s lack of new car sales has led to a shortage of used cars to buy and sell, while the current new car component crisis means car deliveries have slowed. So the usual flow of part-exchanges making their way to used car forecourts has been hit, too. At the same time, demand from consumers is high, resulting in used car prices soaring. Not good news if you are looking to buy right now, but if you’re looking to part exchange your car for a new one, you could be quids in. Only this week I had a slightly confused family member ask me why he’d had a call from the dealer…