Show GAIN IN USED CAR Si About 75 Per Cent of Sales Entail Secondhand Motor Cars sr SF LOUIS April Tho 19 19 stead steady In the amount of oC tradIng that economic Is forcing on the automobile deal donl- ers donl-ers ers era Is also aho steadily forcing on the tho dealer the necessity for rol buying bu In the used car cal at the sery ery Ion 10 lowest eat cst possible figure sass sa s Lynn M I Show Shaw as assistant g general sacral mans nager In gr grof c of the National Automobile Deal nc ers or association in A port which he anno announced recently showing the Increase I lp In ti II ading Hf lie 11 asserts as- as asserts as asserts that the old and ss I economic principle ot or supply add Is having a 10 powerful erful effect ef- ef e feet In comparison with the hum num number humber number ber of o ne non nen motoi motol chicles sup sup- supplied sup supplied plied e cry e ery year ear says sais SO s Mr r Sh Shaw ShAn the the visible s supply of used vehicle becomes ever The demand for tor new motor se- se e e- e hides s Increases lIh the tho years the tile demand for tor used u cd mo- mo motor mo me motor tor vehicles Nery sery ry naturally mut d c ease In ratio fhe rhe supply of oC used motor motoi vehicles Increases each sear ear car In greater proportion than the demand This weakens the tho telling lelling price level for tor used usel se- se vc The automobile l trading In the old car mus mu keep ep his allowance ance price below tl U sell soll sollIng selling Ing price level If It he Is to sell tIt the vehicle without a los lo's ew of them ate aie doing It The pub pub- public public public lic expects expect too much money mony for Its used chicles In comparison with lh the market alue The sale of oC new cars is more and mote mole a repeat business In In Minnesota 53 6 per pot rent cent of all new nw car cal tales ales In the first quarter quarter quarter ter of oC o 1924 Involved the trading of an old car In Its Tenn Arkansas essee 65 63 9 per por cent In Califor Califor- California California nia 66 i t per cent Ohio 6 60 7 per pcr percent percent cent Illinois 74 74 1 per pel cent ew York pel cent nh 62 52 8 per cents cent chIAn 1 70 fi 8 per percent percent percent cent Indiana 76 16 9 per cent Joa Iona 76 75 per cent MIs 66 5 per 1 percent cent Wisconsin 58 53 5 per cent Oregon 72 7 per pr cent Washing Washing- Washington Washington ton 5 1 per cent Louisiana 61 S 8 pr PH cent n in l I e po ponts to a steady In- In Increase increase In Increase crease to the point where Iere by the th end pf of f 1921 1924 mole than 75 pet pel cent bt bf all n nun nw car sales will vIlli In- In insole in sole 01 e the handling han ot of a 11 used cir car 1 i I |