Lightly used vehicles -- those that are a couple of years old with low mileage -- are now selling for 75% to 80% of their original sticker price, said Ivan Drury, an auto industry analyst with Edmunds.com.
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Now is a great time to sell your old car. Used car sales are soaring
If you've got a car you don't use very much, congratulations. You've got gold in your garage. With the auto industry thrown into disarray by shortages of computer chips and other components needed to build cars and trucks, shoppers are regularly paying nearly full sticker price for new vehicles. Thinning supplies of factory-fresh new cars have also made it difficult for some shoppers to find the new vehicle they want with the paint color and options they're looking.
