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DriveTime’s used sales volume jumps 11% YoY through April

Exponential Used Vehicle Index rose 4.5% YoY to 152.51

Aidan Bush

Retailers’ used-vehicle sales increased through April as affordability pressures led consumers to buy older, less expensive vehicles. Tempe Ariz.-based DriveTime’s used-car sales jumped 11% year over year through April, Chief Executive Mary Leigh Phillips told Auto Finance News. The sales growth came “with more customers shifting to used [cars] in attempts to find affordability,” she […]

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