Buyers searching for a late-model, fuel-efficient used car in metro Phoenix will experience an unfamiliar sensation: sticker shock.

That is, if they can find a used car to buy.

The lack of used vehicles available for sale, particularly compact, gas-sipping Toyotas, Hondas and Nissans, has buyers and sellers scrambling as prices hit record levels for many models. One dealer is offering to buy desirable cars that are brought in for service; others are sending out mailers and combing Craigslist to beef up sagging inventory.

The average wholesale price of a 3-year-old used compact is up 20 percent from a year ago, with some models seeing much larger increases, according to the May Used Vehicle Value Index produced by Manheim Consulting, which was released last week. Manheim is America’s largest used-car auction house and a source of inventory for many dealers.

The reasons behind the shortfall are many, including pent-up demand as prospective buyers gain confidence in the economy; strong interest in higher miles per gallon or hybrid cars as gas prices remain high; and the reduction of the total number of used cars on the market because of last year’s hailstorm in metro Phoenix and the federal government’s Cash for Clunkers program in 2009.

Used Cars Tampa

Lemon Law Help Older Cars

Popularity: 2% [?]

Welcome to our Free Stock Picks page. We track stocks mentioned by stock pickers, stock pundits and news shows so you don’t have to. If you are looking for Free Stock Picks you have come to the right place. Check out our stock pick system Stock Picks member site. Follow the link to learn more about our stock picks member site. We know that f you are looking for free stock pick information, you will enjoy our free stock picks blog.

Our simple and highly effective free stock picks methods and strategies produce superior stock picks for the everyday investor. As such, loyal readers like you have made us one the most sought out free stock picks sites on the Internet today.

We update our

Free Stock Picks

Daily

Popularity: 6% [?]

The Dow Jones Industrial Average crossed above the 11000 level for the first time in 18 months—albeit for a few brief moments—marking another key milestone in what has been one of the strongest stock-market rebounds in history.

While the threshold has prompted less fanfare than when the Dow recaptured 10000 in October, it represents another big accomplishment for a measure that was below 7000 a year ago.

The Dow broke 11000 briefly in the last minutes of trade—hitting a high of 11000.98—before ending at 10997, up 70.28 points.

Popularity: 2% [?]

Free Stock Picks is a member of Technorati. Technorati Profile

Popularity: 5% [?]