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Norman automobile dealers weigh in on existing applied, new car market | Information

NORMAN — Norman vehicle dealers have been working with minimal inventories and higher selling prices for months, and say the current market craze could keep on into subsequent year.

In accordance to Kelly Blue E book analysts, the ordinary transaction selling price for a new vehicle strike a report higher $42,736 in the U.S. this July. The typical listing selling price for a made use of car is now additional than $25,000, with an typical of 68,000 miles, when compared to $20,000 just a year in the past.

Jonathan Fowler, president of Fowler Holdings, mentioned new motor vehicle stock is

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