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The average price of a new car hit $49,740 in December, up 1.3% from the same month a year ago and continuing a yearslong inflationary trend as automakers look to give Americans what they want ...
In addition, the Federal Reserve has cut interest rates, which should make borrowing money for a new car cheaper. And, with higher new-car inventory on dealer lots now compared with a few years ...
After years of price hikes, used cars will finally start getting cheaper in 2022, one economist says. But don't expect a deal on a new car until 2024.
In the summer of 2016, DeMuro moved to the newly created Autotrader.com car blog Oversteer, of which he became the editor. [9] He kept writing articles and columns, but started focusing more on filming and writing car reviews on YouTube. DeMuro has reviewed a wide array of cars on his channel, mainly from the 1970s to the present. [2]
Average 3-year-old used car price: $30,689 Price drop from 2022: -10.9 percent Genesis is killing it right now, and there's no better example of how than the G70.
Used-car prices sank 4% in August alone, and "an absolute vortex of deflation is coming" as pandemic-era inflation cools off, one expert said. Used cars are getting cheaper. Here's a breakdown of ...
2 Cheap Cars is a used car dealership group in New Zealand. [1] It was founded in 2011 by Eugene Williams and Yusuke Sena. [ 2 ] The company specialise in selling Japanese imported cars in New Zealand.
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