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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.
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 ...
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 ...
Higher prices on new cars might convince consumers to buy used cars, they reasoned, which would increase those prices as well. The same could happen if Trump wins re-election and makes good on his ...
According to Kelley Blue Book, average transaction prices are down 2.4%, or $1,212, from the start of the year -- the biggest decrease in a decade. The... 15 Car Models That Will Have Massive ...
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