Used-Car Prices at 16-Year High
Right now is the best time to sell you car, officials say used-car prices are currently at a 16-year high. People are keeping their vehicles for about a year or two longer than they did before the recession, meaning a tight supply of used cars and trucks. Prices for used-cars are expected to rise for about two more months and the level off. Experts say they may fall beginning in 2012 as more used cars begin to come on to the market.