Used cars taking longer to sell amid oversupply
The September edition of the Automotive Insight Report (AIR) shows a modest 1% uptick in used car sales to 209,102 units for the month. Used car listings continued to increase in September by 5.2% to 314,672, continuing a trend of month-on-month increases in listings since May. “The average days to sell has increased to 46.4, the highest it has been since January.
