Used Car Prices Are Falling So Much They're Driving Down Inflation

The Used Car Market Has Finally Reached Its Peak, as Prices Fall ...

The Used Car Market Has Finally Reached Its Peak, as Prices Fall After Two Record-Breaking Years of Inflation ... Overall used car prices fell in ...

Lower auto prices finally give U.S. shoppers a break

The average price of a used vehicle — $27,297 as of last month — is down 3% from a year ago and 12% below the peak of $31,095 in April 2022.

The Used Car Market Is Collapsing in 2024 - CarEdge

Over the past month, we see that used car prices at wholesale markets are down one percent. That's not much, but it's the trend that matters. With each ...

Inflation Buster: New-Vehicle Prices Continue to Trend Lower, Are ...

ATLANTA, June 11, 2024 – New-vehicle prices in May remained lower year over year for the eighth consecutive month, as higher inventory levels ...

The Rebound of Used Car Prices: A Roller Coaster Ride - EnvZone

A shortage of new vehicles has immediately driven up demand for used ones, resulting in a shortage of used cars as well. Consequently, used car ...

How New And Used Vehicles Are Impacting Inflation - The Autopian

When it comes to car sales, at least, the needle is pointing in the other direction. The Bureau of Labor Statistics released its monthly ...

Why Did Cars Get So Expensive? - The Atlantic

Buying a used car isn't much better. Costs are declining for many pre-owned vehicles, whether late-model Dodge Rams or ancient Toyota Priuses.

Used EV Prices Are Falling, But They Could Still Cost You Big Time

Used electric vehicle prices have finally come down. Read on to ... Here are a few that likely qualify, according to Car & Driver: 2012 ...

The $20,000 Reason to Buy a Used Car - WSJ

Surging prices for both new and used cars helped drive up inflation in 2022. Even though inflation has cooled since then, as Wednesday's ...

Used-Car Prices Are Finally Falling. What That Means for Inflation.

That may be a sign that inflation is finally peaking. April's consumer price index report, which the Bureau of Labor Statistics released on ...

Inflation has fallen. Why are groceries still so expensive?

Americans are finally getting a break from inflation, with prices for gasoline, used cars and health insurance all falling over the past year, ...

Why is inflation so high? Is it bad? An economist answers 3 ...

There are two basic reasons why inflation has been increasing: supply and demand. Starting with the latter, consumers are on a spending spree.

US inflation rose slightly last month after 2 years of steady cooling ...

Used car prices jumped 2.7% just from September to October, after having mostly declined for months before that. But that spike may prove to be ...

Lower auto prices are finally giving Americans a break after years of ...

The average price of a used vehicle — $27,297 as of last month — is down 3% from a year ago and 12% below the peak of $31,095 in April 2022.

Why Americans feel inflation, economy are much worse than they are

And that's because gas prices are very salient: If you have a car, you probably fuel up on a regular basis, and you see the price right there on ...

Inflation's (Almost) Roundtrip: What happened, how people ...

An obvious answer is the unwinding of the forces pushing inflation up, meaning unsnarled product and labor supplies, leavened with some ...

Why Are Gas Prices So High? - NerdWallet

A major reason gas prices are so high is that oil prices are still higher, on average, than they were before the pandemic and Russia's invasion of Ukraine.

What Causes Inflation and Price Increases? - Investopedia

For example, if a hurricane destroys a crop such as corn, prices can rise across the economy since corn is used in many products. ... as many companies pass on ...

What Is Driving Inflation—Besides the Usual Culprits?

We find that supercore inflation has been driven primarily by prices of services associated with low-skill workers, such as motor vehicle ...

Used car prices are falling: What you need to know about the market

“Prices are starting ...