NADA and Cargurus.com recently released it study earlier this month, reporting that if you are looking for a used car in Northeast Ohio, you are getting one at the lowest cost in the country. According to their study, used cars in Cleveland, Ohio, cost on average nearly 6 percent less than the national average. Used cars in Akron, Ohio, cost 4 percent less than the national average. Many other Great Lakes Cities, such as Buffalo, NY, Detroit, MI and Toledo, Ohio, also made the list of least expensive cities to buy a new car.
Speaking on Market News, Doug Waikem said available used car inventories are down 20 percent across the country. He said programs like Cash for Clunkers, along with slow new car sales at the end of the 2000s decade, have dealers scrambling to find used cars. As Doug told Fox Business: “We’re out there right now trying to buy anything and everything we can in the used car market.”
Doug Waikem,. co-owner of the Waikem Auto Family, was featured in the Wall Street Journal on Feb. 21, 2013.
Doug Waikem’s innovative business strategy has again earned him a story in the Wall Street Journal.
Waikem, the co-owner of the Waikem Auto Family, was featured in the Feb. 21 edition of the Wall Street Journal, in a feature story about dealers coming up with new ways to find used cars. In general, the Wall Street Journal says it is a great time to be a consumer, and customers get more than ever for their trade.
“I am spending more time now trying to buy cars than sell them,” Doug Waikem tells the Wall Street Journal.
As your teen starts another year of High School or College, they’ve probably saved up some money this summer to start school in new ride.
But what’s the best ride for your teen? Consumer Reports compared the top models on safety and reliability and came up with their list of “Best Cars for Teens.” Many of our top models new and pre-owned made the list. Check them out here and scroll down for the complete list.