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The drop in used car prices is also good news for the U.S. Federal Reserve, which has been steadily raising interest rates in hopes of slowly curbing inflation without sending the U.S. spiraling ...
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 ...
Used car prices fell 2.3% over the prior month in July and 10.9% from the prior year, data from the BLS revealed on Wednesday. New car prices fell 0.2% in July and 1.4% from the prior year.
Timing is everything in life. And with used car prices still 29.6% higher than pre-COVID-19 pandemic levels, according to a study from used car search engine site iSeeCars, timing your used car...
The used car market had its largest drop in average price since 2009 in December 2022 — the average price of a used car dropped by 8.8%. In July of 2022, three-year-old used vehicles dropped in ...
According to Manheim, wholesale used car prices saw a "large decline" in... Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...