The US-based auto remarketing firm Manheim Asia Pacific expects the number of used cars in Thailand will rise significantly to more than 2.5 million this year, mainly because of the government's first-time car buyer scheme.
Growing supply of used vehicles will not affect the local auto market much in the long run because people’s consumption would soon return to normal, says Mr Moran. SOMCHAI POOMLARD
The scheme, which ended last year, gave a big boost to car sales, with an estimated 1.4 million sold.
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