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When Will the Used Car Market Bounce Back? The Jerry study found that the used car market will not return to pre-pandemic levels anytime soon. In 2019, there were 13.1 million used cars on the market.
On average, the used cars on the market are nearly a year older and have 4,300 more miles on them than the ones available five years ago.” Learn More: 4 New Car Models Recent Retirees Should ...
The pandemic’s adverse effect on the used car market seems to be chronic. For instance, during the J.D. Power Auto Summit in early 2024, ... The 5 handbag trends to update your look for 2025. News.
The biggest of the Big Three experienced a strong 2024 with robust sales of its generally higher-priced vehicles, like trucks, SUVs, and EVs.. GM shareholders were rewarded with the stock up 25% ...
Explore More: 2 Reasons New Car Prices Will Crash in 2025 Find Out: 9 Things You Must Do To Grow Your Wealth in 2025 Here are four top places to consider if you’re looking for a used car in 2025.
The drop in used car prices is also good news for the U.S. Federal Reserve, which has been steadily raising interest rates in hopes of slowly curbing inflation without sending the U.S. spiraling ...
In fact, today's new car market in general is dominated by SUVs—luxury or not—even if they aren't the most value-minded approach to everyday transportation. Mix in some leather seating, LED ...
With spring car-buying season in full swing, those looking for a deal in the used-car market are not likely going to find one. According to a new report, “Used Market Enters Uncharted Territory ...