The flooding of the used-car vehicles into the market during the COVID-19 pandemic has given pause to consumers on which car or truck should be their next purchase. Jim Olson Motors Sales Manager Missy Allen says, fortunately, the shortage of new vehicle inventory has gotten better of late.
Allen says nearly new used car sales have really picked up with more consumers going online to do research before approaching a dealership. She notes that the trend is for manufacturers to come with lower mileage lease programs with other options than the traditional 10,000 miles per year allowance. According to research done by Edmunds.com, the average listing price of used vehicles nationally last month was $21,558. That is an increase of $708 compared to June.