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The used car market saw even more moderation, with prices down 1.2% for the month of August, and dropping 6.6% year over year. The year-over-year used car figure is notable, as it dropped a full ...
The used car market saw even more moderation, with prices down 0.5% for June, and dropping 5.2% year over year. Both of those figures for the used car market fell considerably compared to the ...
But used car prices are still up 32.4% year over year. Vehicle prices have had a disproportionate affect on inflation recently. In past decades, the price of used cars’ contribution to inflation ...
Used car prices fell 1.0% over the prior month in August and 10.4% from the prior year, data from the BLS revealed on Wednesday. ... meaning cheaper loan payments on cars and more attractive ...
Car buyers in the United States have finally gotten some good news thanks to a market that flipped in July 2023, bringing lower prices than earlier this year. The bad news is that plenty of...
A recent study from iSeeCars found that the average used car price declined 5.1% from $32,627 in October 2022 to $30,972 in October 2023. Used EVs had a 33.7% price drop from $52,821 to $34,994 ...