Finance Insurance

Dearth of recession-era vehicles puts budget-conscious buyers in a bind

A Nissan dealership in Fairfax, Virginia, on Aug. 23, 2009. New-vehicle sales dropped to a decades-low of 10.43 million in 2009 and took several years to rebound to normal levels, helping to deplete the supply of used vehicles priced below $10,000 in recent years. (REUTERS)
June 26, 2019 12:38 PM

The new-vehicle sales slowdown of the Great Recession is adversely impacting used-vehicle inventory today, particularly when it comes to customers with budget constraints, according to CarGurus.

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