The new car market is booming. Last year, car manufacturers sold nearly 17.5 million new cars in the U.S., breaking a record that stood for 15 years. If you were a manufacturer or dealer, 2015 was a very good year for you.
And what about 2016? Well, predictions are just that educated guesses, but most experts are thinking this year might be just as good or even better than last year, with things finally starting to slow down a bit in 2017. That’s a LOT of new cars on the road.
So what does all of this have to do with the used car market?…