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Here's a look at the popular car models identified by Jerry with 2021 used car prices coming in higher than the MSRP of the new models. Ford Average used car price (2021 model year): $31,627
Where solid options for budget-focused shoppers could once be found for under $20,000, the “cheap car” market has shrunk significantly. Find Out: These 10 Used Cars Will Last Longer Than an ...
Whether you're buying a new or used car, selling your car, repairing or maintaining your current car, our articles and tools will give you the confidence to tackle any situation.
“A used inexpensive car is now becoming more and more of a luxury,” Catalano said. “What the market wants right now is not available, and that’s $3,000, $4,000 and $5,000 cars.”
In January 2011, TrueCar released ClearBook, a used vehicle index that analyzes the used car market in the same way TrueCar did for new cars. [13] [14] In May 2011, TrueCar acquired News Corp-backed Honk.com, a social car shopping platform. [15] In late 2011, TrueCar launched a television advertising campaign with commercials promoting its ...
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
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