Tight wholesale inventories have forced dealers to look far and wide for used vehicles. Now based on information CNW Research uncovered in relation to April’s used-sales performance, buyers are going farther away from home to find the model they want.
As April used sales inched up 0.7 percent higher compared to a year ago, CNW discovered a 22-percent rise in the number of used vehicles acquired outside of the buyer’s DMA (marketing area).
“Shoppers are crossing out of their neighborhood in larger numbers to make a used-vehicle purchase,” CNW president Art Spinella said. “Price and availability of a particular make and model were the two primary reasons.”
Read more: Autoremarketing | CNW: Level of Used Buyers Purchasing Vehicles Outside of Home Market on the Rise http://www.autoremarketing.com/retail/cnw-level-used-buyers-purchasing-vehicles-outside-home-market-rise#ixzz2S9je1X3W