Price of Used cars may come down in Los Angeles
|   Friday, June 01, 2012
The price of all used car may be cut down by around 3 percent from the first week of June in Los Angeles. This was announced by the National automobile dealer association of US in Los Angeles recently. It was also announced that some other facilities will also be offered to the buyers of these cars.

The main motive of cutting down the price of car by National automobile dealer association of US is to attract the attention of more and more people towards the used cars.
Since some of the past years the sale of used cars has been decreased up to a great extent. The down fall has especially seen in Los Angeles. According to a news channel, this is the actual reason that why the dealers association has decided to cut down the price used cars in US.

Giving more information on the this matter, the president of National automobile dealer association told that the price of luxury cars will be cut down by 2 percent, and the price of other cars will be cut down by 3 percent. The price will be revised on any day of first week of the June.

He also announced that this relaxation in the price of used car will be offered for a longer period. When asked about the exact time, he told that they have plan to continue this discount to the buyers till the end of this year, however this has not yet finalized and the association may extent or may cut the time period for this.

When he was asked that whether this relaxation will be available all over the US, he said that not everywhere in US, but only in Los Angeles and anyone can come to Los Angeles to buy used car at an affordable price
The National Automobile dealer association of US has also decided to start buying the cars directly from the people who are selling them. According to them, this will not just help people to sell their cars quickly and easily, but also help them to have better cars to sell.

National automobile dealer association told media that they sell more than 12 million used cars every year, and the discount in the price of used car will surely help them to extent their target. By decreasing the price of the used cars, this association is aiming to sell 15 percent more cars than their primary target.

A news recently broadcasted on a US news channel saying that, in some of the past years the hike in the amount of used cars was the major factor responsible for cutting down the sales of used cars in US. Now they have decided to cut the price of the cars, which will surely give rise to sales of used cars in US once again. Also it was mentioned in the news that increasing price of new cars will help the car dealers to sell more and more used cars in the current and in some upcoming years.
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