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

Intent to buy used stabilizes while new-car intent weakens, study finds https://ift.tt/2C4hoAS

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.