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Auto Dealer: Car Inventories Still Low

Photo courtesy Forbes Magazine

One of the industries that has been impacted the current state of the economy and the COVID-19 Pandemic is Auto Industry.

Mike Yarbrough, during an interview on KHOZ's "Around the Table" program says that with fewer new cars being produced, big dealerships have been buying more used cars to put on their lots which makes the largest inventory of vehicles available high mileage. Yarbrough went on to say that fewer vehicles with 20,000 to 40,000 miles are available to dealers and customers because there is nothing to trade them in for of equal value.

The complete interview with Mike Yarbrough can be seen on the Around the Table Facebook Page.

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