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According to J.D. Power's data, the average monthly car payment in November 2024 was $740, $15 more than November 2023. It is a whopping $150 more than the average monthly car payment in November ...
That patience can pay particular dividends in 2024, with used car prices recently pushing higher again. Buyers paid an average of $25,415 per used vehicle in July 2024, Kelley Blue Book reported.
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.
Used car prices fell 2.3% over the prior month in July and 10.9% from the prior year, data from the BLS revealed on Wednesday. ... prices paid for used vehicles are now down 19.4%. Used car prices ...
As with almost everything else, car payments became much more expensive in the last year, and 2024 isn't looking any better. Consumer Reports explained that the car market has become increasingly...
To assemble the list, iSeeCars analyzed over 6.5 million used cars across the U.S. and compared the average prices in each of the 50 largest metro areas. Find Out: 6 Best New Cars for the Upper ...
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