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As of 2024, there were just 11.4 million used cars 6 years old or newer available to buy at dealerships — a drop in 4.1 million from the 15.5 million used cars available in 2022.
Their used car price guide is the first consumer price guide to show real average mileages and regional price adjustment. [ 3 ] [ 4 ] They also have a significant used car review section, used car facts and figures resource and used cars for sale, both of which are regularly cited in the media.
It was a monthly magazine between March 1972 and January 2020, and since 1998, a website with reviews and price lists for new and used cars in the United Kingdom. Initial searches are free, with payment required to access further details. [1] It was founded in 1972 and was the longest-running printed price guide available to the general public.
By the 1990s, Edmunds published its data to CD-ROM while also publishing books such as Edmunds New Cars & Trucks Buyer's Guide, Edmunds Used Cars & Trucks Buyer's Guide and Edmunds Strategies for Smart Car Buyers. In 1994, the company posted on a gopher site known as the Electronic Newsstand. [5] The company launched the Edmunds.com website in ...
A used inexpensive car is now becoming more and more of a luxury. What the market wants right now is not available, and that’s $3,000, $4,000 and $5,000 cars.
The direction of the trend changed in January, when wholesale used-vehicle prices went up 2.5 percent (1.5 percent without making seasonal price adjustments) compared to December, according to ...
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
The BLS reported in its January CPI report that new vehicle prices rose 0.2% (up 5.8% year-over-year)and used vehicle prices fell 1.9%, (down 11.6% y-o-y). While used prices have fallen for seven ...
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