Israel’s war with Hamas, Hezbollah to raise demand for used cars

  • Home
  • Global
  • Israel’s war with Hamas, Hezbollah to raise demand for used cars

A full-scale war in Israel’s North could cause a rise in demand for used cars, rather than people buying new ones, according to Meir Ronen Lev, deputy CEO of the Lev Yitzhak Group.

“If there is a full-scale war in the north, the economic crisis will worsen, and we will see people who, under different circumstances would buy a new car, buying used ones, which would increase prices,” the deputy CEO said.

Lev Yitzhak’s price list reveals how different car models fared in…

Continue reading this news update.

Comments are closed