Originally Posted by
percy
The following comments "FORCED' me to add to my NZA holding this morning..lol
Turners Cars' chief executive officer Greg Hedgepeth told RNZ's Checkpoint the supply of used cars coming into the country had been down for quite sometime.
"Over the last year, I think it's going to be down approximately 30 percent."
Hedgepeth said there were less used vehicles coming into the country right now and they were anticipating up to about 10,000 vehicles due to the recent weather events that would be coming off the roads, being written off.
"There could be a short-term imbalance of supply and demand."