After more than a year of sharp, steady increases, used car prices started falling in the late summer of 2022. The drop in prices has already had wide-reaching effects around the auto industry, but a difficult…….
Category: used car prices
J.P. Morgan Expects Used Car Prices To Drop 10-20% Next Year – CarScoops
Used car prices have skyrocketed 42.5% in a little over two years, but relief could be on the horizon.
According to a J.P. Morgan Research report, used car prices “seemingly peaked” earlier this year and could …….
Used car prices are falling — but monthly payments are spiking as Fed hikes rates – New York Post
Interest-rate hikes from the Fed are raising average monthly car payments despite falling prices for used cars, according to a study.
The average monthly payment for used cars is 47% higher this year, hitting $551 a…….
Used car prices are falling — but monthly payments are spiking as Fed hikes rates – MarketWatch
Interest-rate hikes from the Federal Reserve are raising average monthly car payments despite falling prices for used cars, according to a study.
The average monthly payment for used cars is 47% higher this …….
Used Car Prices Continue to Slide in October – The Detroit Bureau
The price of used vehicles has dropped for the fifth consecutive month once October’s sales results are figured in, according to Manheim, which assembles the data for its Index from its used-vehicle auctions a…….
Used Car Prices Dropping — Expect It to Continue – The Detroit Bureau
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We reviewed every major warranty company for coverage, affordability and more. Here are our recommendations…….
Used Car Prices Dropping — Expect It to Continue – The Detroit Bureau
Featured Extended Warranty Companies
We reviewed every major warranty company for coverage, affordability and more. Here are our recommendations…….
Wholesale used car prices plummet as retail prices soar – The Hill
The wholesale price of used cars is falling off a cliff while the retail prices that car shoppers are paying is way up, suggesting dealers are making a killing while consumers are taking a bath.
Used car prices declined 2 pe…….
Used Car Prices Fall in September – The Detroit Bureau
Prices for used vehicles declined in September, offsetting the consistent increases that mirrored new vehicle prices during the same timeframe.
The latest Manheim Index indicates used vehicle prices fel…….
Used car prices drop with consumers’ ability to afford them, study says – Spectrum News 1
Used car prices have been dropping in recent months, but so has consumers’ ability to afford them, according to a new study from iSeeCars.com. Used car affordability fell 26.7% from August 2019 to August 2022 — double the rate for new …….