Experts say now could be a good time to sell your used car in Colorado

DENVER (KDVR) – Auto sales in Colorado appear to have picked up, according to the latest state data. Auto experts say this could be a great time to trade in a used car.

“There’s a huge shortage in the supply chain that’s causing inventories to be really low,” said Tim Jackson, CEO of the Colorado Association of Auto Dealers.

Industry leaders say the global shortage of microchips continues to impact the auto industry.

“A car can have up to 200, 300 or even 400 [micro]fries,” Jackson said.

In October, used car sales jumped 30% to 50%, Jackson said, adding that in some cases car owners could even make a profit.

According to the most recent data from the state, sales of motor vehicles and parts increased 25% this September, compared with September 2018.

https://kdvr.com/news/local/now-could-be-a-good-time-to-sell-your-used-car-in-colorado-experts-say/ Experts say now could be a good time to sell your used car in Colorado

Emma Bowman

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