Due to the car manufacturers' "employee pricing" discounts on 2005 models dealers took tons of trade-ins from customers and they now need to unload all of these cars. "I suspect all dealers will have the used car sale of a lifetime," said one dealer.
"We're going to have big used car sales this month. We have to. We don't have anything else to sell," says another dealership owner. Customers will see more late-model used cars on the lots because people traded in relatively new cars for deals.