Ongoing inventory challenges create prime opportunity to maximize used cars' resale value

Recent cars.com surveys conclude: in current seller's market, most vehicle trade-in payouts exceed expectations by thousands of dollars for consumers chicago , may 16, 2022 /prnewswire/ -- cars.com™ (nyse: cars), the car-shopping marketplace, today released findings from a survey of consumers and auto dealers regarding rising vehicle resale values amid ongoing inventory challenges. an overwhelming 99% of surveyed dealers said they are paying more for trade-ins now than two years ago; almost 60% estimate an increased payout between 11% and 20%, and more than 1 in 3 dealers report paying over 20% more than two years ago.1 consumer experiences support the dealer findings.
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