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New Vehicle Sales

February New-Vehicle Sales to Decline 3%, KBB Says

New-vehicle sales are expected to be down 3% compared to the same time last year, for a total of 1.3 million retail and fleet vehicles sales during February, which lowers the estimated seasonally adjusted annual rate (SAAR) to 17.1 million compared to February 2016’s 17.6 million SAAR.

Gap Shrinking Between New and Used Prices

After factoring in incentives and lower finance APRs on new cars, purchasing these new vehicles ends up only marginally more than purchasing their one-year-old counterparts, according to Kelley Blue Book.