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If you're in the market for a used vehicle right now, there's some good news. Using data from the Mannheim Used Vehicle Value Index, Cox Automotive recently reported that the seasonally unadjusted...
Compared to their peak in February 2022, prices paid for used vehicles are now down 20.2%. Used car prices rose more than 40% annually in both June and July 2021, and again in January and February ...
The gap between the average price of a new vehicle compared to a used car topped $20,000 for the first time last quarter, according to data from auto shopping guide Edmunds.
Used car prices increased 0.3%; apparel, 1.1%; and furniture, 1.7%. Are food prices expected to drop? Grocery prices jumped 0.4% after a string of flat or trivial increases.
Used EVs had a 33.7% price drop from $52,821 to $34,994, while hybrid prices fell 9.6% from $34,850 to $31,511. Karl Brauer, the website’s executive analyst, attributed the EV and hybrid price ...
Used-car prices increased by 16.9% in May 2022, down from 23.9% in April 2022, but the cost of electrified vehicles is skyrocketing. Used-car prices drop in May, but EVs and hybrids are up Skip to ...