While recent reports suggest a softening of prices in the used-car market in the coming months, values of pre-owned models continue to be at record highs, due largely to inventoryshortages caused by depressed new-car sales and leasing following the economic collapse in late 2008.
Of course, some Manhattan brokers are now warning of listing shortages and potential price increases this year, as the inventory of co-ops and condominiums on the market are at the lowest level in a decade.