Pre-owned Update: March 2015
As is typical for the beginning of the year, early 2015 is seeing a relative slowdown in pre-owned activity.

The used market typically takes a breather in the beginning of the year relative to the often frenetic pace often set during the last quarter of the year, and early 2015 appears to be no different. Although used inventory is showing its usual bump, it currently sits below the 12-month moving average, which happens also to be a multi-year low. Low interest rates and cheaper fuel could be added drivers for the market, despite chatter that both are at a bottom.