Sandy Destroys Cars Boosting Used Car Market

The Takeaway

The flood waters from Sandy destroyed thousands of cars along the Northeastern corridor. The losses are being felt for stranded drivers, who are inevitably flooding the used car marked. Used car business are feeling the impact all the way to California.  
Jonathan Banks, an analyst with the National Automobile Dealers Association, and Andy Friedlander, Director of Communications/Editor at National Independent Automobile Dealers Association, tell us how the superstorm will affect the used car market.

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