The extended stock crunch of dealership heaps is popping the U.S. used-car market the wrong way up: As soon as-depreciating automobiles are rising in worth, and a few lately bought ones are value extra now than their authentic worth.

With car firms nonetheless making an attempt to renew regular ranges of manufacturing facility output, sellers have been left with a shortage of recent automobiles to promote at shops, pushing many patrons into the used-car market the place they’re additionally encountering restricted choices.

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