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Monday, March 06, 2006

American Preference for Imports Poses Problem for Used-Car Market


American consumer increasingly favors non-American vehicles
Creates challenge for used-vehicle industry
US vehicles make up greater share of used-vehicle market
But more Americans complain about poor quality, fuel economy of Big-3 vehicles
Significant Points
Even when prices better for US cars, many consumers choose import
Perception of quality, better resale value influence choices
Experts find flaws in some consumer surveys ranking imports higher in quality
Say domestics can be cheaper to repair than imports, balancing out equation
Imports tend to update vehicles more often; domestics tend to change names

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Click Here for Full Digest and Source Article:
http://www.automotivedigest.com/view_art.asp?articlesID=18406 Sourced From: Used Car News, February 20, 2006

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