Intent to buy used stabilizes while new-car intent weakens, study finds

Between June and July, new-vehicle purchase intent in the U.S. declined 4 percent while used-vehicle intent rose 2 percent, according to a survey by McKinsey & Co. on how consumers are responding to COVID-19.

source https://www.autonews.com/retail/intent-buy-used-stabilizes-while-new-car-intent-weakens-study-finds