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Currently, used cars remain pricey. The average used-vehicle listing price was $25,328 in early February, according to research from Cox Automotive. That’s down from the previous couple of years ...
The spot price of gold closed Tuesday at just over $2,514 per Troy ounce — the standard for measuring precious metals, which is equivalent to 31 grams. That would make a gold bar or brick ...
While the prices of new cars continue to soar, used cars are actually becoming more affordable. Over the past year, used cars have become 5.8% more affordable on average as prices fell and median...
Unfortunately for prospective buyers, new cars have seen continued price hikes over the past 11 months. Combined with higher interest rates, these increases have made new cars less affordable over ...
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A recent study by iSeeCars analyzed the prices of more than 1.6 million 1-to-5-year-old used cars, trucks and SUVs sold in August 2023 and August 2024. The goal: to compare them and determine ...
The yearly depreciation of a car is the amount its value decreases every year. Normally a car's value is correlated with the price it has on the market, but on average a car has a depreciation around 15–20% per year. [12] [13] Depending on market conditions, cars may depreciate 10–30% the first year. [14]
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.