Looking for a used car? Why supply is drying up, and what it’s doing to prices – National
Already low on inventory, the used car market is facing an additional supply crunch as fewer off-lease vehicles return to dealership lots — and that’s contributing to higher prices. A used car was averaged at $35,754 last month compared with about $18,900 in December 2019, Autotrader.ca data shows. There were fewer new cars for sale…