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Re: What happened to all the used cars?
Dealerships tend to keep only the high dollar, newer (often less than 5 years old) used cars at their lots. All the older stuff goes to auction or to other used lots, away from the dealers.
IMHO the real glut of used cars will be found in the classifieds. Lots of people who have bought new cars will sell the old ones privatly, because dealers are pretty cheap on trade in allowances, if they are selling heavily discounted new cars.
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