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Affordable new models under $20,000 have all but vanished from dealer lots, pushing many buyers toward used cars. While prices for used vehicles are falling, high loan rates remain high. Don't miss
As of 2024, there were just 11.4 million used cars 6 years old or newer available to buy at dealerships — a drop in 4.1 million from the 15.5 million used cars available in 2022.
Black Book collects data from wholesale auctions it attends in person or online, applies adjustments and compares them against dealer advertised prices. Access is restricted because it requires subscriptions, but public access to its price search features are accessible through third party sites such as Newcars.com. [4] Assessing car value is dependent on several factors including make, model ...
Whether car and truck shoppers wanted to buy new or used, 2022 was a tough market to navigate for many. Find out which vehicles consumers loved the most.
American used vehicle exporting is a grey-market international trade involving the exporting of used vehicles from the United States to international markets. It's reported that $8 billion worth of used American vehicles were exported in 2021.
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.