Used car prices surged in 2021 after the pandemic disrupted ... which narrowed during the pandemic, has widened again. The average price for used vehicles up to three years old was $13,686 below ...

With wholesale prices down 5.3% from a year ago, used car prices are improving—despite the fact that supply is low.

Also, Tesla gets another anti-union win, and GM is cutting back on self-driving Cruise spending after an accident.

In addition, new vehicle prices continue to rise, making used vehicles more appealing for shoppers on a smaller budget. Broadly, the difference in average price between new and used is back to how ...

Wholesale used ... price appreciation. On that call, Smoke said he is particularly focused on what impact interest rates could have in the fourth quarter and beyond. If they go up, vehicle ...

Used car prices have fallen to their lowest levels since April 2021. The Manheim Used Vehicle Value Index has extended its maximum drawdown to -18%, the largest in index history. Used car demand ...

The used car market is tough to pin down. The pandemic and the ensuing chip shortages made pre-owned cars more valuable than ever, but prices are finally starting to cool off after a year of manic ...

Are you shopping for a used car and have a few on your shopping list? Here's a guide on what to look for and how to pick the ...

Long past its painful peak, inflation in the United States may be heading steadily back toward its pre-pandemic levels, without the need for further interest rate hikes by the Federal Reserve. Such a ...

With the challenging economic climate, the used car industry has been forced to follow suit and increase its prices, with parts up 9.3 per cent on average from 2022 and labour rates up an average of 4 ...

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