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India has surpassed Brazil as the country with the highest number of cases in the world. Across the United States, states and cities are making fiscal maneuvering plans in case Congress cannot agree on a tax relief program after the August break.
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Cases of coronavirus in Spain, which is receding after a summer break, have now exceeded half a million, according to a New York Times database.
Used cars are overlooked in the fanfare of complex electric cars and bellows vans, and are now suddenly the most popular product in the industry.
Consumers buy used cars as a moment or a third car to avoid trains, buses or Ubers the coronavirus pandemic Others buy used rather than new portions to save cash in a dubious economy, not knowing when they or their spouses are at risk of wasting a demand for older cars was also driven by a nearly two-month shutdown of new car production this spring.
Across the United States, the costs of used cars have soared. Accumulation challenges the traditional wisdom that cars depreciate assets that lose much of their price when they leave the dealership. In July to July, the average price of used cars rose more than 16%. , depending on Edmunds. com.
In June, the last known month, franchised car dealerships sold 1. 2 million used cars and trucks, according to Edmunds, 22% more than last year, the highest per month overall since at least 2007.
The boom has shaken up the car sales business. Because used cars don’t come from Detroit factories, dealers have to paint cars as hard to buy as they usually do to sell them, they say, adding advertising and unsettled calls to others to ask if they would be interested in promoting their old cars. As a result, demand for used cars has become strong due to the pandemic.
“Used cars are meant to depreciate, yet I would look at the e-book price of a car on the floor and see it higher than at the beginning of the month,” said Adam Silverleib, President of Silko Honda in Raynham, Massachusetts. “I’ve never noticed that before. “
Silverleib recently sold a 2017 Honda Pilot with 22,000 miles to Suzanne Cray and her husband. The circle of relatives had been controlled with a single car, but Cray, a nurse who works at Tufts Medical Center in Boston, said the circle of relatives needed someone else to make sure no one had to travel with Uber or on public transportation.
The boom is part of other unforeseen trends in a recession that has left millions of people unemployed and devastated airlines, restaurants, hotels and small businesses. Despite this pain, the pandemic has been a blessing to the old resources of the economy. such as canned and processed food and suburban home sales, which had gotten out of control in recent years.
The growing preference for owning a car has surprised many other people and baffled others involved about what this says about the long-term cities and transportation. Mayor Bill de Blasio, who travels in a van, recently implored New Yorkers, many of whom do not own a vehicle, not buy a car, saying they constitute “the past. “
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