USED CAR SALES
Car buyers look to go down-market
Demand for cheaper, second-hand vehicles rises as Covid-19 restrictions batter disposable income
07 May 2020 - 05:06
Vehicle buyers are searching for cheaper second-hand cars as the Covid-19 lockdown in SA results in job losses and salary cuts.
This is according to AutoTrader, one of the country’s largest online vehicle sales portals, which says searches for second-hand vehicles under R50,000 have increased by almost 300% from pre-Covid-19 levels...
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