Hurricane Sandy to raise prices on used cars

The immediate impact of Hurricane Sandy was devastating, and the storm's ripple effects will continue to be felt in the weeks and months ahead as communities work to recover. One side effect becoming apparent is Sandy's influence on the used car market.
According to the Detroit Free Press, the destruction of some 250,000 vehicles has led to a shortage that could affect late-model used-vehicle prices nationwide. The National Auto Dealers Association estimates that prices could increase 0.5% to 1.5%.

Autoblog , Hurricane Sandy to raise prices on used cars, Hurricane Sandy to raise prices on used cars