
'Like house of cards,' used trucks fall
Dealer Poncho Redfern sees big used trucks that were worth $20,000 just a few months ago valued today at $12,000. And he winces. Many new-vehicle dealers grew accustomed to raking in big profits on large used pickups and SUVs. But now those trucks are sucking out cash as they gather dust. [SUB] 12:01 am U.S. ET June 23
2 comments:
holla!
if you want bad news about the auto industry....just call ponch!
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