Remember when a 5-year-old sedan could be yours for $15,000? These days, even a “bargain” on the used lot feels like bidding at an auction. Used car prices are now about 40% higher than before the ...
Carvana is emailing drivers offering to buy their used vehicles. Americans strapped for cash could jump on this opportunity and miss out on a demand increase. Here's where the used car market is ...
Peak pandemic was chaos, and it’s back to haunt us. According to a new report, the chip shortage that destabilized the automotive market and the car-buying public is rearing its ugly head again.
If you're shopping for a used car, the options keep getting better and the prices keep going lower. According to the latest data from car shopping website Edmunds.com, the used car market is hot, with ...
What’s Driving the Decline in Collector Car Values? The collector-car market’s pandemic-fueled boom has eased, with median sale prices down about 20% from late 2022 highs to roughly $27,800 (Hagerty ...
A buyer with $20,000 looking for a late model used car will have a hard time finding one. The average list price for a used 3-year-old vehicle is now $32,600, up nearly $9,500 since 2019. Some tips in ...