Are they being overloaded with inventory? Auctions are shut down, some (apparently) are refusing to accept customers dropping off their lease returns, and they've been selling with reduced volumes, but selling. Seems like for the time used car inventory is drying up until things start going to fill up their lots again.
Also, throw in Hertz that is apparently teetering on bankruptcy protection, there might be a massive influx of cars (lower spec of course) into the market which may lower pricing for those particular models only.
Also, throw in Hertz that is apparently teetering on bankruptcy protection, there might be a massive influx of cars (lower spec of course) into the market which may lower pricing for those particular models only.