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Storm Will Affect Used, New Car Buyers

Car buyers everywhere, not just in New Jersey, are likely to feel the pinch of higher prices as tens, perhaps hundreds, of thousands of vehicles were damaged to the point they will need to be replaced.  And that is likely to drive up prices for both new and used vehicles in the weeks and months ahead, experts warn. The positive side for consumers is potentially better prices for those looking to trade in a car. For the industry, it’s likely to add even more momentum to the U.S. automotive market’s ongoing recovery.

Read the whole story at Detroit Bureau »

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