According to a recent report from Edmunds, the average price gap between new and used cars has exceeded $20,000 for the first time in history. With new car prices soaring, many car shoppers are now pivoting to the used car market, where prices, while still higher than before, are relatively more affordable. This trend spells good news for used car dealers, as they can expect a boost in business over the next year. However, with increased sales volume comes the need for streamlined and secure payment processing solutions.
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