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Vehicle prices continued a downward trend in July, with the new and used car markets both slipping. ... Used car prices fell 2.3% over the prior month in July and 10.9% from the prior year, data ...
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 29% higher than in April 2019.
Used car prices tumbled 7.0% in 2023, the second year in a row of falling prices in the sector after a massive pandemic-era run-up. ... The MUVVI is also tracking broader trends seen in used ...
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 16.1% higher than in July 2019.
Deepening the shortage, fewer used vehicles are coming off leases or being off-loaded by rental car companies. Average list prices for used car have edged up by about $700 in the past month, and ...
Car prices, in particular for used vehicles, seem to be coming down faster compared to inflation in the broader economy, which saw overall prices rise 0.6% month over month and 3.7% on an annual ...
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