Between June and November of 2008, while the nation plunged into economic turmoil, car leasing dropped off by 58% as people looked to save money wherever possible. Fast forward to the present day where, because of that drop-off in leased vehicles, the supply of late-model vehicles coming up for resale will soon be shrinking. [More]
used and abused
Target Tests Game, Movie Trading Waters
Target wants in on GameStop’s trade-in scene. Locations in northern California started a pilot video game and movie trade-in program Wednesday, with plans to spread the program to 850 stores by year’s end, Gamasutra reports. [More]
Man Puts Deposit Down On Used Car, Backs Out, Can't Get Money Back
Back in April, Nait put a $500 refundable deposit down on a used car, then decided he didn’t want to buy it anymore when he found it needed $10,000 in repairs. Five months later, neither the dealership nor Capital One, will refund his money. He gives a blow-by blow here.