Used Big SUV and Truck Prices Up

February 2009
Ward's Dealer Business;Feb2009, Vol. 43 Issue 2, p51
Trade Publication
The article reports on the valuation of used sports utility vehicle (SUV) and pickups in the U.S. in 2008. According to data, used vehicle valuations for big trucks increased at the end of the year. Rich Kwas, an automobile analyst for Wachovia Corp., says that lower gas prices are boosting truck valuations. Kwas adds that the improvement in such valuations is an encouraging sign that used car grosses and margins may be starting to stabilize.


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