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Does New Car Boom Lead to Used Car Boom, Too?


Wyatt Investment Research is writing about a car sales boom, which I can see the point in their logic. I also see the point that betting on the car manufacturers is not the safest way to go. My thinking is that if there is a new car boom, there will also be a used car boom, and Car Max is a good play on that, because they are smart enough to make their money on the financing rather than depending on the sales.

Cheap, Lazy Reference links: Yahoo! Finance, Wall Street Survivor, Motley Fool CAPS, TheStreet, Google Finance, MSN Money

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