For several years, Yegor Malinovskii found it difficult to find quality used vehicles at reasonable prices.
The market president of Berlin City Auto Group in Portland, Maine, searched everywhere. He tried the service drives of his eight dealerships in Maine, New Hampshire and Vermont, and cold-calling people who had listed their vehicles for sale on Craigslist.
But relief is on the way for Malinovskii and other dealers who are in a similar circumstance. The spigot of off-lease and other used vehicles is getting ready to open, big time.
At a time when new-vehicle sales may be growing more slowly, dealerships hoping to turn more to used-car sales will find plenty of supply. But dealers will need skill to successfully take advantage of the increased supply.
"I'm saying "yes'!" said Malinovskii, at the prospect of a more plentiful pool of used vehicles. "If we get an influx of vehicles from the leasing side, that is a tremendous plus."