The downside of strong auto sales? Your used car is worth less

22 Aug
Car lotSince 2010, U.S. auto sales have been on a roll. That's been great for the industry as a whole and an encouraging reflection of the economy. Unfortunately, the boom hasn't been so great for vehicle owners, because it's led to a glut of used cars. And that, in turn, has dragged down residual values. The situation has gotten worse in recent months...