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Japan Earthquake Could Drive Up Car Prices

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An aerial shot shows vehicles ready for shipping being carried by a tsunami tidal wave at Hitachinaka city in Ibaraki prefecture on March 11, 2011. (Photo credit STR/AFP/Getty Images)

An aerial shot shows vehicles ready for shipping being carried by a tsunami tidal wave at Hitachinaka city in Ibaraki prefecture on March 11, 2011. (Photo credit STR/AFP/Getty Images)

BOSTON (CBS) – The earthquake in Japan will mean a shortage of cars and that could drive up prices.

But it’s good news if you’re looking for a trade-in.

Lisa van der Pool of the Boston Business Journal reports.

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