8 ms·
The USA needs to sell roughly 15 million new cars a year to maintain an adequate supply of used cars. Falling below that target will cause used car prices to r
by mywittyname 6y ago
The USA needs to sell roughly 15 million new cars a year to maintain an adequate supply of used cars. Falling below that target will cause used car prices to rise in the following years.
- mc32 6y agoNot necessarily. Cars that go out of circulation can be made road worthy, if demand for them is there. Having a supply of new cars means old second hand cars get retired even if they could be made just as road worthy as any other second hand cars.