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Those wanting to save some money by purchasing a used car may be in for sticker shock. The used vehicle market is seeing an “unseasonal sharp uptick due to unique market conditions” because of the coronavirus pandemic.This also means those with a used car sitting around could get top dollar for a trade-in or sale.Edmunds, which has been tracking automotive trends since the 60s, says the average used car listing price was 8 more in July than in June. Large trucks had the biggest one-month jump, with listing prices ,301 more in July than in June.Meanwhile, trade-ins are, on average, seeing 16.4 percent more value in July compared to June. And those used vehicles are not sticking around on the lots for long. In June, it was taking an average of 44 days to turn around a used car, and in July, it was down to 38 days. This is the steepest one-month decline in Edmunds history of keeping records."It's a seller's market right now. Although used vehicles continue to offer significant discounts compared to new, used-car shoppers will find themselves in the unusual position where they might not have as much negotiation power because demand is so high and dealers will be less inclined to be flexible," said Ivan Drury, Edmunds' senior manager of insights in a release from the company."If you're in the market for a used car, what you see in terms of pricing is likely what you're going to get, so do your research and be prepared to act quickly if you have your heart set on a vehicle."The reason behind the sharp increase in demand for used vehicles is for a variety of pandemic-related causes, says Drury.Consumers are being more cost-conscious right now as unemployment is high, interest rates and offers from dealers are favorable for car buying, and inventory has been “severely limited on the new side.”Automakers closed their factories for several weeks earlier this year as states issued stay-at-home orders to control the coronavirus pandemic. That led to a decline in inventory for new vehicles.Edmunds recommends buyers and sellers/traders do their homework and find out what the value of their specific vehicle is. 2146

There is an arrest warrant out for actress Rose McGowan for felony drug possession.According to a statement from Metropolitan Washington Airports Authority Police Department, the warrant was issued in February for an incident alleged to have occurred in January near Washington. DC."On February 1, 2017, the Metropolitan Washington Airports Authority Police Department obtained an arrest warrant for Rose McGowan, an actress from Encino, California, for possession of a controlled substance," the statement read. "The felony charge stems from a police investigation of personal belongings that tested positive for narcotics and were left behind on United flight 653 arriving at Washington Dulles International Airport on January 20, 2017."Authorities said they have been trying to reach McGowan to get her to court. 823

Toys "R" Us is on its way out, but KB Toys is set to pop back up.Strategic Marks, a company that buys and revitalizes defunct brands, owns the KB name and plans to open 1,000 pop-up KB Toys stores for Black Friday and the holiday shopping season."My assumption is that there's about half a billion dollars worth of toys that have been produced for Toys "R" Us with no place to go," said Strategic Marks president Ellia Kassoff, in a phone interview with CNNMoney. "That's a big, big void that we're hoping to fill up."Toys "R" Us, which filed for bankruptcy last year, announced last week that it expects to close all of its 735 stores in the US. Those closures will put 31,000 people out of work and hurt toy manufacturers that depended on the national retailer for distribution.Kassoff said he's been in contact with Hasbro Inc. and Mattel, Inc. and up to 200 smaller toy suppliers who are looking for new brick and mortar retailers. He said he plans to take advantage of a glut of toy manufacturers that have inventory but no place to sell it.To get a quick retail footprint, Kassoff said he's working with companies that specialize in holiday and pop-up retail, like Spencer Spirit Holdings Inc., Go! Retail Group, and Party City Holdco Inc."We're talking to companies that know how to do it, they have a methodology, they're used to rolling out stuff real quickly," he said.After the holiday shopping season ends, Kassoff will decide which of the pop-up stores will become permanent, based on their performance and whether he can negotiate a lease.Strategic Marks bought the KB Toys brand from Bain Capital in 2016. Bain is the same company that bought Toys "R" Us and took it private in 2006, a process that left the toy company?saddled with .3 billion in debt, from which it never recovered. 1843

There will not be a 2020 Minor League Baseball season.After having the start of the season delayed due to the spread of COVID-19, Minor League Baseball officials announced on Tuesday a decision to cancel the season.In 2019, Minor League Baseball attracted 41.5 million fans to ballparks across North America. The teams are supplemented by professional players signed by MLB squads, and are paid a much smaller salary than their big league counterparts. While MLB has decided to push forward with a shortened season starting July 23, Minor League Baseball’s revenue model would have made it impractical for a 2020 season given most of its revenue comes from gate attendance, concessions and merchandise, compared to MLB which sees a sizable revenue stream from TV.Even though the majority of Minor League Baseball players will not play in 2020, MLB teams have formed “taxi squads” of their top minor league players. The taxi squads will provide big league rosters with players ready to be called up in case of an injury at the MLB level."These are unprecedented times for our country and our organization as this is the first time in our history that we've had a summer without Minor League Baseball played," said Minor League Baseball President & CEO Pat O'Conner. "While this is a sad day for many, this announcement removes the uncertainty surrounding the 2020 season and allows our teams to begin planning for an exciting 2021 season of affordable family entertainment." 1485

Those with half-a-million dollars to spend on a car could bid on a custom Lamborghini that belongs to Pope Francis.The  Huracán RWD Coupé was given to the Pope from Lamborghini last year, and he plans to auction it off via Sotheby's, according to the Vatican. Esquire reports 70 percent of the proceeds will go to Nineveh, a city in Iraq that is under siege by ISIS.See a photo of the Pope and his LamboThe rest will be divided among "Amici per il Centrafrica Onlus," Groupe International Chirurgiens Amis de la Main, and the Pope John XXIII Community Association, Esquire reports.The Pope's Lamborghini goes 198 miles per hour. It is expected to bring in between 0K and 5K, according to Sotheby's, which will do the auction on May 12. 784

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