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Meanwhile, keep watching for shortage reports, because we should start seeing some sneak in this week, if our doom-o-meter is calibrated correctly.

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Fuel price woes hit the second-hand car market
Consumption; Demand; PricesFor those who don’t have enough cash to shell out for a new car, buying a second-hand unit is the most appropriate choice. Given the skyrocketing prices of fuel, units that have low-displacement gasoline engines and diesel-run cars, stand out as the most saleable. Second-hand car buyers simply want more kilometers for every liter. As a result, sales and prices of cars and sport utility vehicles (SUVs) run by gasoline are falling. Diesel-run cars are now top of the mind among used car buyers.

ABS-CBN
Posted on Saturday, July 05 @ 14:32:34 PDT by stu
 
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