Used car prices are surging. Here’s why you should buy now
WebMar 30, 2023 · From an eye-watering peak of $31,400 in April of last year, the average price had dropped 14% to $27,125 early this month. Now, with the supply of used vehicles failing to keep up with robust demand, prices are creeping up again, with signs pointing to further increases ahead.
Used-car prices, after finally easing, are back up again
WebMar 30, 2023 · With used prices rising again, analysts say buyers who can afford to do so should buy soon. Auto loan rates may continue rising this year as the Federal Reserve keeps raising interest rates.
Thu. 10:34 a.m.: Used-car prices, after finally easing, are back up again
WebMar 30, 2023 · Deepening the shortage, fewer used vehicles are coming off leases or being off-loaded by rental car companies. Average list prices for used car have edged up by about $700 in the past...
Used-car prices are back up again after finally easing - WBTV
WebMar 30, 2023 · Deepening the shortage, fewer used vehicles are coming off leases or being off-loaded by rental car companies. Average list prices for used car have edged up by about $700 in the past month, and Alex Yurchenko, chief data officer for Black Book, which tracks prices, expects them to keep rising at least into summer.
Why Are Used Car Prices Going Up Again? | GetJerry.com
WebAug 13, 2022 · led to an unprecedented rise in auto prices. Government surveys indicate that used trucks and cars increased by 43% in June from August 2020. Over the same time, new vehicles increased by 17%. During the early phases of the pandemic, auto reps were down, and lenders gave borrowers breaks where they could.
The surge in used car prices may finally be ending - CNBC
WebAug 1, 2021 · The average trade-in value of a used vehicle in June was $21,224, up 75.6% year-over-year, according to Edmunds. In comparison, the average cost of a new car in the second quarter was $40,827, up ...
Used Car Sales Picking Up; Prices Barely Coming Down
WebMar 18, 2022 · The price of the average used car declined by just $25 last month. Sales have begun to pick up as tax returns reach Americans.
Used-car prices are back up again after finally easing - WBRC …
WebMar 30, 2023 · Deepening the shortage, fewer used vehicles are coming off leases or being off-loaded by rental car companies. Average list prices for used car have edged up by about $700 in the past month, and Alex Yurchenko, chief data officer for Black Book, which tracks prices, expects them to keep rising at least into summer.
Used-car prices are back up again after finally easing - WALB
WebMar 30, 2023 · Deepening the shortage, fewer used vehicles are coming off leases or being off-loaded by rental car companies. Average list prices for used car have edged up by about $700 in the past month, and ...
Used car prices are going up again - New York Post
WebJun 9, 2022 · Used car prices have taken a U-turn for the worse. After four straight months of declines, wholesale used car marketplace Manheim reports that prices paid for used vehicles increased by 0.7% in May.
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