Pursuits
New BMWs a Dollar More Than Used Show Closing Market Gap: Cars
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Record-high prices for used luxury automobiles are driving more buyers to new-car lots.
Bayerische Motoren Werke AG’s 2011 3-Series compacts and M3 sedans now cost $34 more a month than one-year-old used models, according to Edmunds.com. General Motors Co.’s Chevrolet Corvette is about $12 a month cheaper to buy new than used, the auto-pricing website says.