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

Finding deals on used cars · The average price of a 4- to 7-year-old SUV is $31,904, down 21% in a year. · The average price of a 4- to 7-year- ...

Used Car Prices Are Falling So Much They're Driving Down Inflation ... Used car prices have plummeted in the past year, reaching their lowest ...

Used-Car Prices Are Falling, Especially Among EVs

Used-car prices are falling, but buying a used car remains challenging, CR says. As prices fall, higher interest rates are ramping up ...

USED CAR PRICES Sinking Like A Rock...and Why You SHOULD ...

Our latest video helping you buy cars is all about used car market pricing. We're breaking down the situation so you can buy your next car ...

Used Vehicles Getting Ready to Turn into Inflation Headwind, after ...

Used vehicle prices – retail and wholesale – had performed a historic 50%-plus price spike between mid-2020 through mid-2022 when consumers were suddenly ...

Why are used car prices so crazy right now? - Reddit

Car manufacturers aren't pumping lots with new cars like they did pre-pandemic so the prices of used cars will stay inflated even if they've ...

As Used Car Prices Fall, Here's How to Get the Best Deal - Money

Still, used cars probably won't seem cheap to buyers. The latest government inflation data shows that used car prices have increased more than ...

When Will New Car Prices Drop? - Kelley Blue Book

Car shoppers can get some incredible deals on new vehicles for the current model year. The Federal Reserve pushed out an interest rate drop ...

Evidence this May Be the End of the Historic Plunge of Used Vehicle ...

Year-over-year, prices were down 4.9%. This compares to the double-digit drops in the first five months of 2024 as part of the historic plunge ...

Inflation and Car Prices | Moon Township Ford | Pittsburgh, PA

The current inflation rate is 3.5%, an increase from the recent 3.2%. However, the value of cars has remained the same. In the last year, the ...

Car Prices CRASHING But Buyers Are TOO BROKE To Buy!

Car Prices CRASHING But Buyers Are TOO BROKE To Buy! Our latest video helping you buy cars is all about vehicle pricing. We're breaking down ...

Used car prices plunging: EVs hit the hardest - Axios

Used vehicle prices are plummeting. That's good news if you're in the market for a new ride, bad news if you're counting on a trade-in to do ...

Why Used Car Prices Are Down Nearly 20 Percent Since 2022 | DVGA

The used car market has been nothing short of a rollercoaster over the past few years. If you've been tracking it, you know just how wild ...

Inflation Fatigue And Its Impact On Car Buyers - Bankrate

Even as vehicle prices come down, drivers will likely not benefit from major wins as costs are reducing from record highs following the pandemic ...

Decoding the decline in used car prices and what's next for the market

However, this trend may also mean that older, less advanced models will continue to see declining demand and prices. Conclusion. The current dip ...

What Do Falling Used Car Prices Actually Mean for You?

Rapidly falling used car prices may be the headline, but the reported drop is based mainly on the wholesale prices of used vehicles. According ...

Inflation and the auto industry: When will car prices drop?

In the used car market, sales are expected to fall by a further 1% in 2023, as estimated by software company Cox Automotive. “This is driven by ...

Why Car Prices Are Finally Falling | TIME

The relief for consumers represents a big shift from a year ago, when prices were still climbing. In May 2023, new vehicles cost 4.7% more than ...

How Inflation Affects Car Loan Rates - Bankrate

That means high car loan interest rates will likely linger, too. While the Federal Open Market Committee announced the first federal funds rate ...

Why Did Used Car Prices Go Up So Much? - Matt Bruenig

Between June 2020 and and January 2022, used car prices, which had been stable or declining for 25 years, increased by nearly 60 percent.