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After inflating during the COVID-19 pandemic, the air is beginning to leak from used car prices. The used car market has shown signs of stabilization over the past year, with the average price of ...
Prices for used cars and trucks surged in October, contributing to an unexpected uptick in inflation. Used vehicle prices have continued to rise since then, a trend that could potentially ...
According to Cox Automotive, an automotive services and technology provider, the average price of a used car in November was $25,499. While the Federal Reserve Bank has begun to cut interest rates ...
Prices of used vehicle sold at auctions across the US jumped by 1.3% in November from October, seasonally adjusted, continuing an upward trend that started over the summer. The historic plunge of ...
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The price of used or pre-owned cars dropped by 6.2% in the first three quarters of 2024. According to Edmunds.com, the average price is now $27,000. This marks a significant change from 2022 when ...
According to Cox Automotive, wholesale used-vehicle prices rose in November compared to October. The Manheim Used Vehicle Value Index (MUVVI) rose to 205.4, a 0.2% increase year-over-year.