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09 June 2020
In April, as America shutdown to stop the spread of the new coronavirus, used-car salesman Alex Tovstanovsky bought as many cars as he could find. His business in the Illinois town of Naperville was filled with used vehicles, cars that are no longer new and up for resale.
The price of these cars had fallen to the lowest levels he had ever seen. He believed the market for used cars was about t
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