Shortages in supply and increases in demand have made that fuel efficient used car sitting in your driveway a good investment. Car dealers looking to get their hands on well maintained used cars, especially fuel efficient ones, are willing to pay good money for it. The earthquake and tsunami in Japan continue to affect the supply of compact and hybrid cars, low car sales in 2008-2009, and automobile owners keeping their cars longer have also contributed to the lack of inventory. While the Toyota Prius seems to be the most sought after used car, a 2008 Honda Civic Lx price has increased by $2,000 since January, a 2010 Chevrolet Aveo Ls, by over $3,000, and a 2008 Ford Focus is worth about two thirds of its original sticker price .
WSJ’s Joe White explains in the above video how your can get the best deal when selling your used car.