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SAN DIEGO (KGTV) — If you’re thinking about trading in your used car, now might be the time.Used car prices are beginning to cool off but remain near the historic highs caused by the pandemic, according to data from Edmunds.After a peak in September, dealers paid 3.3% less on average for trade-ins in October. The average used vehicle transaction price, however, remained flat at a record-high ,418 in October because of an influx of relatively new off-lease vehicles."If your household has a second vehicle that you are thinking about selling because it's going unused during the pandemic, there's no point in holding onto it in the hopes of its value increasing again,” said Ivan Drury, Edmunds' senior manager of insights. “You won't get a dramatically higher value for your trade-in than you would have just last month, but you should still get a bit more money than usual since values are still inflated."Used vehicles are worth 16.9% than they did last year, according to the Manheim Used Vehicle Value Index.What caused the historic spikeIn some ways, the pandemic was a time machine for used car prices, reversing depreciation and making pre-owned vehicles worth more than they did a year ago.“That’s kind of crazy to see appreciation on a used vehicle,” Drury said.Drury said he sold a car after owning it for a year for the same price. “That’s unheard of.”Industry experts say it’s a matter of supply and demand. During the pandemic, the supply of used cars dropped, while the demand soared. Both caused prices to spike to record levels.On the supply side, the shutdown of new car manufacturing had a cascading effect on the used car market.“We weren’t churning out new cars, which meant there wasn’t much for shoppers to buy. Therefore people weren’t trading in their used cars,” said Michelle Krebs, Autotrader’s executive analyst. “Everything just kind of stopped.”On top of fewer trade-ins, the pandemic brought the car rental industry to a standstill. Normally, companies like Hertz and Enterprise refresh their fleets, selling off about two million used cars a year. Car rental companies kept their fleets parked during the early months of the pandemic.The third reason supply plummeted: a lot of people decided to put off car buying and extended their leases, so those vehicles weren’t available for sale, although that is now beginning to change.At the same time the supply of used cars dropped, demand for used vehicles surged.“The factories were shut down. They weren’t producing. A lot of consumers, even if they wanted to buy new, they suddenly had to look at used,” Drury said. “That jacked up demand. We had consumers fighting for the same units of inventory.”Demand also rose because people in metro areas that typically relied on public transportation decided to get cars for the first time. And in an environment with a lot of financial uncertainty, used cars were a more affordable option, Krebs said.Low interest rates and stimulus checks also fueled demand by giving consumers more buying power, according to Krebs and Drury.With car rental businesses picking back up and lease extensions beginning to end, the supply of used cars has begun to stabilize. That means now may be the time to sell your used car, particularly before the calendar flips to 2021 and vehicles get one model year older, Drury said.You’ll get more for your used car if you trade it in now, but there’s a trade-off: “You’re also going to pay more for a new car,” Krebs said. 3489

SAN DIEGO (KGTV) - Less than a week before the election, there are reports of political yard signs being stolen and vandalized, and in some cases, appearing in yards.Sunday night, just before midnight in a cul-de-sac in El Cajon, surveillance video shows a car driving slowly before it stops to let someone out."A shadowy figure, looks young, maybe 10 years old, gets out of the vehicle, runs in, and grabs a political sign," said Brandon Spaulding.Spaulding says the sign being taken belonged to his neighbor and it read "Trump/Pence, Make America Great Again." That same night, Spaulding's sign, which had been vandalized days before, also disappeared.The apparent thieves in the Sunday's thefts: a child and an adult."Very disappointed and frustrated ... being a terrible role model. As parents, you’re supposed to teach children the different between right and wrong. I was always taught to love my country, and part of that is freedom of speech. Respect people's rights to say what they want to say," said Spaulding.Spaulding isn't alone. Local Republican Party officials say they've received more than a 100 reports of stolen Trump signs, a greater number when compared to previous presidential elections.In Coronado, police responded Wednesday to seven homes, where yard signs reading "Racism Lives Here" appeared in front of the homes of Trump supporters who were displaying signs or flags.It isn't just Trump backers being targeted. On the Nextdoor mobile app, ABC 10News found numerous examples of signs supporting presidential challenger Joe Biden stolen.Just south of Balboa Ave., Margo Thomas woke up Wednesday to her Biden/Harris yard sign gone."To me, it just feels like you’re stifling free speech," said Thomas.There is still no mistaking who Thomas is backing. A "California for Biden" sign still stands in her yard.In El Cajon, Spaudling immediately purchased new Trump signs for his yard and for two neighbors.ABC 10News reached out to the local Democratic Party officials for theft numbers and are waiting to hear back.Campaign sign theft does qualify as misdemeanor petty theft, which carries with it a maximum penalty of six months in jail. 2171

SAN DIEGO (KGTV) -- Millions of dollars have been raised and spent in the race to fill the seat for the 50th Congressional District.According to a recently released 10News/Union-Tribune scientific poll, Democrat Ammar Campa-Najjar and Republican Darrell Issa have emerged as the favorites to represent East County's 50th Congressional District.Federal Election Commission (FEC) records show Issa is currently leading in the money game as well. 451

SAN DIEGO (KGTV) -- Kristin Elliott is CEO of Precision Engineering in Vista, a company that creates water quality sensors for oceans and lakes, "we sell these to universities around the world, work with Scripps Institution of Oceanography," Elliott described.Her work is her passion but so is her team, so when the pandemic hit she said it was her goal not to layoff any employees, taking a pay cut so her team could stay paid."We wanted to save our team through this," she said. Then, there was the announcement kids would be returning to school online."We have this space that we're not gonna be utilizing because no one's having in-person conferences, we're all over zoom these days," turning the room into a classroom. "It's large enough to fit 3 or 4 kids and that's exactly the number of kids we have with our employees. We're going to have a little reading area where kids can switch places to relax and reset. All the things you can normally find in a classroom, a bookshelf with all the interests they might have." Elliott even went to great lengths, hiring an accredited teacher's assistance to help."It's definitely a relief. I know they were just thinking about homeschooling and working, trying to manage that. There's so many emotions involved and so much anxiety and stress, and my goal was to reduce that for our employees."Elliott has followed all CDC protocols and guidelines for her 15 employees working in office, and she'll do the same when their kids come fall."We're still getting the room set up because we want to ensure social distancing between the children and the teacher. We're also bringing in the PPE that the CDC is requiring and kind of recommending for opening these." 1712

SAN DIEGO (KGTV) — Kids, parents, and youth sports leaders held a protest in front of the San Diego County Administration Building on Saturday to voice their concerns over the state’s regulations regarding games and competitions.Currently, under California coronavirus restrictions, youth sports can practice, as long as six feet of social distancing can be maintained, but they can't play games. People who gathered Saturday said the lack of games is taking a toll on the youth.“Thank you for honoring our safety but I think our mental health is important as well and for that to be good and top-notch, we need to be allowed to play our sports and escape from life,” said 7th grader Zoey Hagan, who stood with other girls in her soccer club.Bob Turner is both Executive Director of Presidio Soccer League and President of the Southern California Youth Soccer Association and said the athletes should be able to play games. He said they have created safety plans, including spacing out the times of games and shortening games to avoid crowds, only allowing one parent for each athlete, and also requiring masks of all referees, parents, and substitute players. Turner said they’ve sent countless letters and filled-out petitions to the state, but have not gotten a response. A spokesperson for San Diego County said the county has also been asked about plans for youth sports. They also asked the state and have not heard about what’s next.“This is small potatoes to them compared to a lot of the other things opening but it is our youth and what’s more important than our kids. We’re destroying these kids with what’s happening through the schools and now we’re taking this away. This is the only outlet some of these kids have,” said Turner.At Saturday’s protest, speakers took turns sharing their personal experiences. One parent questioned why other businesses can operate, but these athletes can’t play games.“It is infuriating to me that we’ll open up beaches, we’ll open up Home Depot, we’ll open up restaurants. These people can make their money. We can take care of the adults and make sure they’re doing well, but our kids are sequestered?” he said, addressing the crowd.After a handful of speakers comprised of parents and athletes took to the podium, a group of young athletes held a 'what about us' banner and marched around the admin building while chanting "let us play." 2394

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