Cox Automotive reported a slight uptick from July to August in its Manheim Used Vehicle Value Index. The index, which tracks vehicles sold at its U.S. wholesale dealership auctions, remains ...
The pandemic saw prices go haywire for both new and used cars alike. We've seen some cooling in the marketplace since then, ...
Prices have eased over the past year, but high interest rates make for more-costly monthly payments By Benjamin Preston Prices have finally begun to soften after a historic used-car price spike ...
Pandemic-era manufacturing lulls pushed used car prices and ages higher. As prices have soared, here are three things to ...
In the market for a car? There are a few hopeful signs for buyers with cash, according to Ivan Drury, director of insights at Edmunds, the car shopping experts. Used-car wholesale prices peaked in ...
When the recession was upon us, it seemed like everyone was making the shopping shift from new to used cars. But now that things are starting to ease up, the prices on used cars have gone up as well.
New cars are more expensive than ever, with the average transaction price now above $48,000, and the average loan rate at 6.58 percent. But even though it was tough to find a new car as recently ...
The Manheim Index found that wholesale used-vehicle prices saw a 0.2% increase in August from July, though the index itself is down 7.7% from a year earlier. “August brought a stop to wholesale ...
July’s CPI report showed a drop in both new and used car prices. Yahoo Finance's Pras Subramanian explains that while new vehicle sales are down month-over-month 0.1%, they remain higher ...
New and used car prices are continuing to drop, according to the latest government inflation data released Wednesday morning. The bottom line? Consumers may be buying more cars. For the month of July, ...
Prices have finally begun to soften after a historic used-car price spike throughout much of 2021, but they remain higher than at any time before 2020, when the pandemic threw the global economy ...