Expect used car prices to rise nationally because of Hurricane Sandy.
The storm destroyed about 250,000 used vehicles on the East Coast, and maybe more, according to estimates by the National Automobile Dealers Association.
That puts pressure on what already is a tight supply of good-condition, late-model used cars and could push prices for such vehicles up by 0.5 percent to 1.5 percent in December, said Jonathan Banks, an analyst with NADA.
The dealer group said that amounts to a little more than $50 to $175 for the average used vehicle.
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