Better affordability compared to new vehicles and a larger selection of newer model year vehicles rank among the drivers of this market.
Price data on 3-year-old used cars shows a market with numbers similar to a couple of years ago when inventory was a challenge.
Supply is falling. Demand is rising. Anyone with a basic understanding of economics knows what that means. And as the law of supply and demand decrees, used car prices are beginning to rise, according ...
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In Cars Commerce’s most recent Industry Insights Report, industry and marketplace analytics principal David Greene noted the contrast between the steady used-car market with the relative volatility of ...
Mid-November used vehicle prices rise modestly, with EVs and luxury models supporting stable wholesale values despite tight ...
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 ...
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 ...
Chase Bierenkoven is a gearhead and writer based in Denver, Colorado. As the family lore goes, Chase's first word was "truck." Cars have been a problem ever since. By 16, Chase was spending his ...