Americans should be cautious before buying a car amid high prices and low inventory within the automotive industry, Rodo CEO Nathan Hecht said in an interview with Yahoo Finance.
“I think the only reason you buy into this market today is if you really need a car,” Hecht said. “As we get into September, October, November, new car inventories should start to replenish, not to their normal levels, but just replenish as factory output increases.”
Demand for both new and used cars is on the…
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