Commuters - CathNews New Zealand https://cathnews.co.nz Catholic News New Zealand Thu, 28 May 2020 00:31:44 +0000 en-NZ hourly 1 https://wordpress.org/?v=6.7.1 https://cathnews.co.nz/wp-content/uploads/2020/05/cropped-cathnewsfavicon-32x32.jpg Commuters - CathNews New Zealand https://cathnews.co.nz 32 32 70145804 Coronavirus: second-hand car sales rebound https://cathnews.co.nz/2020/05/28/second-hand-car-sales-coronavirus/ Thu, 28 May 2020 07:50:34 +0000 https://cathnews.co.nz/?p=127315 Commuters are shunning public transport due to COVID restrictions and powering demand for used cars, say second-hand car sales dealers who are becoming cautiously optimistic as buyers return to showrooms. Used car sales are outstripping demand for new vehicles and dealers remain concerned that the rebound is a "bubble" caused by short-term stimulus measures. Anthony Read more

Coronavirus: second-hand car sales rebound... Read more]]> Commuters are shunning public transport due to COVID restrictions and powering demand for used cars, say second-hand car sales dealers who are becoming cautiously optimistic as buyers return to showrooms.

Used car sales are outstripping demand for new vehicles and dealers remain concerned that the rebound is a "bubble" caused by short-term stimulus measures.

Anthony Altomonte of the Alto Group, with multiple brands from Audi to Toyota centred on Sydney's north shore, says younger buyers are looking for alternatives to buses and trains. Read more

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