It is the 21st of July 2017

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Auto OEMs And Auction Houses Are Colluding To Prop Up Used Car Prices; It Won't Work

We've written frequently about the pending collapse in used car prices that will inevitably be brought on by a surge in leases over the past 5 years.  With wages stagnant and car prices rising, the only way Americans could 'afford' those brand new BMWs and Mercedes was to lease them.

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