Used car dealers forecast drop | Bangkok Post: business

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Used car dealers forecast drop

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Thailand’s used car market is expected to shrink this year mainly due to the political impasse and weakened consumption. 

A woman checks the condition of a used car before making a purchase.

“Most people are postponing their purchase and waiting until the political situation eases,’’ said Kittithara Ruamtham, chairwoman of the Association of Used Car Dealers. “The downtrend prices of rubber and delayed payments to rice farmers under the rice-pledging scheme have also hit the sale of pick-up trucks hard.’’

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