Savvy Trades and Investments

[RNsidersbuying]

CPSS 8.63 - The company purchases retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. .

https://www.wsj.com/articles/why-a-car-deal-will-be-hard-to-find-this-holiday-season-11639477803?mod=Searchresults_pos1&page=1

Car shoppers won’t find much relief on the used-car lot, according to dealers and analysts. Prices on preowned cars have been steadily rising in the past year, with some used cars selling at or above their original sticker price. Through the first half of December, the average price paid for a used vehicle surpassed $30,000 for the first time, according to J.D. Power.