There might be a healthy supply, but we’re still not back down to ... California used car prices peaked in spring of 2022, ...
Over time, these increases trickled into the used market, also bringing these prices up ... after nearly four years of elevated prices. These factors have created a ripple effect: Due to new car ...
Experts predict that used car prices could decline by as ... Now that new vehicle supply has bounced back, more buyers are shopping in that market again. Roberts says the effect is reduced ...
The good news for car owners? The price of a new car is finally getting cheaper. The bad news? Just about every other cost of ...
New car prices are up 29% since March 2020 and used car prices up 34%, both outpacing overall inflation of 23%, he said. If you can accept that higher car prices are simply “the new normal ...
Buying a car—especially a used vehicle—isn’t always easy. Car dealers can try to confuse customers, buyers may be unsure of ...
Consumers in search of a used car will find a mixture of good news and bad news in 2024. The good news is that average used car prices have fallen ... 2.7 million units, up 3% from 2023.
We got to a spot where, basically, private capital dried up for ... new-car supply had the effect of boosting used-car values, which allowed the company to transact sales at higher prices, which ...