Monday, May 30, 2011

United States: Used car prices are the highest for 16 years

The consequences of the economic crisis has pushed U.S. drivers to change their car with a year later than the "rhythm" of 2007. This factor affects the price of used, never so high in the last sixteen years to collect a car dealers spend an average of $ 11,660 (€ 8,150), 30% more than in 2008. Emblematic of the reconstruction site Usatoday.

A Honda Accord LX Sedan in 2008, the assets in good condition with 45,000 miles is proposed to be $ 16,175, equivalent to a four-year lease of $ 373 per month. At the same time offering the new Honda Accord, in the three-year lease, to "only" $ 250 / month. The market crisis also stems from the difficulty in obtaining new financing or financed by the sustainable elements of "noise" always related to the crisis.

According to David Whiston, an analyst at Morningstar company, the second hand market in recent months to reach the negative peak and were close to a more favorable environment.

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