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Prices soar for late-model used cars

January 31, 2012

The Milwaukee Journal Sentinel reports that prices of late-model used cars have soared recently as a 2009 drop in auto production has made its way into the pre-owned vehicle market. New vehicle sales in 2009 fell to a thirty-year low. "It's a huge drop," says UMTRI assistant research scientist Bruce Belzowski. Read the full article.