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Automotive news and trends
Car Loan

2020-12-18
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5 Used Car Trends of 2020

While many of our customers are looking for newer vehicles that can last them a long time, we are happy to help many other customers find the perfect used car to get them around town. Whether you are looking to trade in your old car or you just need a new used car to help you get to work and school, our team at Hartland Automotive Sales are here to help you out. Stop on by and see what we can do for you!

Lower Supply

There is a low supply of used cars available on many lots, and lots of customers who want to purchase a used car. This can make it harder for someone who is looking to  get a new ride that is less expensive. However, if you are looking to do a trade-in or sell your used car, then this is the perfect time to do it because many dealers will offer a higher price for the car.

Mix Shift will Continue

There are some softer values for some of the used vehicles during 2020, even as the mix of used trucks and cars will include an increase in some of the other vehicles out there that are higher in price. This will make a difference when you are trying to sell your trade-in and you may need to negotiate with your dealer to get the best deal and price on it.

Mainstream cars are still popular

One thing that has stayed the same is that some of the mainstream and popular options out there are still popular. This is good news for those who would like to sell their car and they have one that fits into this category. You can still get a good price since very few people have one available to sell and there are still a good number of customers who would like to purchase one for their homes.

Fragmentation

There is no indication that the market for used vehicles is going to be less fragmented than it was in the past, even with some of the newcomers that are making their way to the market. This can cause some difficulties as well. But there are a lot of benefits that will show up here as well. Since the consumer is open to a lot of different types of vehicles, it is easier to sell your vehicle. But since there is so much fragmentation, you also need to do a little bit of searching to make this work.

When you are ready to trade-in your old car or you are looking for a used car, it is important to know what you want and find the right dealer to help you get it done. Our team at Hartland Automotive Sales can help you get that done, ensuring you leave our lot with the car of your dreams. No matter what you are looking for in your next car, make sure to visit us today so we can help you out!

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