In the market to buy a used car? Well you might want to wait a few years. According to a new report, an analyst from Morgan Stanley is predicting that used-car prices will fall 25-50 percent over the next four to five years. Some of his reasons for the prediction ranges from a flooded market, technology obsolescence and financially stressed out auto consumers.
With automated vehicle technology on the rise, having a used car without these features may feel dated and undesirable to a lot of people. So in a few years you’ll probably be seeing some great deals on some used cars out there!
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