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March Sees Surge in Wholesale Used Car Prices Amid Supply Shortage

KTSM••Andrew Dorn
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In March 2023, wholesale used car prices reached their highest point in nearly three years, driven by a combination of limited supply and the influx of tax refunds. This increase in prices highlights the ongoing challenges in the used car market, which could impact consumers looking for affordable vehicle options. As prices rise, potential buyers may need to adjust their budgets or consider alternative purchasing strategies to navigate the current market conditions.

economy used-cars tax-refunds

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