New car prices held steady while used car prices ticked 2.7% higher, according to the October Consumer Price Index (CPI) data ...
Prices for used cars shifted into reverse this year, and the price gap between used and new cars has never been larger.
The holidays are coming and so are the car deals. As the year draws to a close, many manufacturers will have end-of-year or ...
Used car prices have remained elevated for a number of years due to ... Ivan Drury, Director of Insights at Edmunds, told ...
For most Americans, cars are 'a terrible value' right now Used cars often save people thousands of dollars ... including 6% that were $25,000 or less, according to Edmunds). At any price point, people ...
The average used-car payment has risen to about $550 ... they're going to want the nicer, bigger vehicle," said Ivan Drury, Edmunds's director of insights. Car prices shot up over the last few years ...
A recent study by Edmunds revealed that in Q3 of 2024, the average new car cost $47,542—$20,365 more than the average used ...
The car experts at Edmunds have identified five top picks for used car, truck and SUV hybrids based on Edmunds’ testing, fuel ...
As the gap between new and used car prices widens, coupled with high-interest rates, buyers face a reality check.
A new report finds that buyers in the market for a new car are so discouraged by rising transaction prices that they're ...
Good morning! It’s Tuesday, November 5, 2024, and this is The Morning Shift, your daily roundup of the top automotive ...
Lightly used hybrids, ranging from three to four years old, with around 30,000 miles, can take the sting out of a hybrid ...