Argentina: Used car purchases on the rise

Posted on August 22, 2011 • Filed under: Argentina, Business, Economy

A report from the Chamber of Automotive Trade (CEC) in Argentina shows that used cars sales reached 158,770 in July, an increase of 23.12% from last year when only 128,955 cars were sold, according to From June to July this year there was a 2.39% increase. In the wake of recent market scares, representatives from CEC say the used car market is a good investment and seems to have no ceiling.
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