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Carol Rice stands with her recently-purchased 2003 Ford Ranger Wednesday, March 15, 2023, in Shawnee, Kan. Rice's timing to buy the truck was ideal, taking advantage of a recent dip in used car ...
Used car prices rose more than 40% annually in both June and July 2021, and again in January and February 2022. ... Prices for used cars and trucks are still 16.9% higher than in July 2019 ...
Although used car prices are finally starting to decline, it could be years before the market returns to a pre-pandemic normal. A recent study conducted by the car insurance comparison site Jerry...
The Manheim Used Vehicle Value Index (MUVVI) for the month of December posted a 0.8% increase in wholesale auto prices month over month, however it dropped a whopping 14.9% year over year, the ...
It's a great time to buy a used car. No, it's a terrible time to buy a used car. Maybe. Used-car prices started coming down from their pandemic-inspired highs in the latter half of 2022, then ...
S&P Global Mobility finds the average age of cars and trucks on the road hit 12.2 years in 2022, an all-time high. S&P says this is the fifth straight year the average vehicle age has risen.
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