Search results
4 sty 2022 · Used car prices on the rise. By Jace Harper. Published: Jan. 4, 2022 at 3:40 PM PST. LANSING, Mich. (WILX) - $29,000 used to be the price of a decent new car, but after the chip shortage and...
6 dni temu · Key Takeaways. The average price of a used car is $25,571 in 2024. Over the course of the year, used car prices have remained volatile, but have overall trended lower. Year-end new car sales may alleviate demand for used cars, sending prices lower in November and December. Spread the knowledge.
30 gru 2021 · Autotrader analyst Michelle Krebs said as new vehicle production nose-dived from the computer chip shortage that began in March, many consumers turned to the used car market instead. Where they found high prices and a shortage, too. Krebs says virtually all the reliable sources of used cars declined this year.
12 sty 2023 · Used car prices reflect one of the bigger non-energy declines in December, and over the full year dropped 8.8 percent, according to the federal data. But supply — and affordability — remain issues, and that starts with availability of new vehicles.
According to the Bureau of Labor Statistics Consumer Price Index—the most common measure for inflation—the price of used cars and trucks dropped a national average of 13.6% from February 2022 to February 2023. Stacker used data from iSeeCars.com to identify the five most popular used cars sold in Michigan in 2022. Cars are ranked by market ...
26 lut 2023 · Cox Automotive Inc.'s forecast says used vehicle sales will drop to 35.6 million vehicles this year from 36.2 million in 2022 as sales trend downward from the all-time high in 2021 of 40.9...
22 gru 2021 · A new report from Automotive News suggests that the current used vehicle price boom will die in late 2022 and early 2023. Using data and analysis from consulting firm KPMG, it’s predicted...
