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Strategies & Market Trends : Value Investing

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To: robert b furman who wrote (47076)3/16/2012 1:18:57 PM
From: Spekulatius  Read Replies (2) of 78748
 
re used cars

<<New vehicle sales will continue to grow and low mileage cars are very hard to find.>>
The new car sales from 2007-2010 were way down to begine with and people are holding on to the cars longer. The combination of these factors creates very little used car supply from these vintages. I found this out myself and decided to buy new (the Hyundai I was talking about a while ago.).

I do think that the Japanese (Honda, Toyota) are going to fight back with lower prices. For one thing, they lost significant market share due to supply disruptions and in the case of Toyota lack of fresh models, and now the Yen is down 10% against the US$, plus they are outsourcing more and moving production away from Japan. I believe this gives them leeway to gain back market share, and they have to do this with better prices.
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