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The average price of a new car has climbed steadily over the past couple of years. Due to supply chain issues during the pandemic, car prices went up -- and never really stopped. See: 25 Sneaky Car...
A recent study from iSeeCars found that the average used car price declined 5.1% from $32,627 in October 2022 to $30,972 in October 2023. Used EVs had a 33.7% price drop from $52,821 to $34,994 ...
Used car prices fell 1.0% over the prior month in August and 10.4% from the prior year, data from the BLS revealed on Wednesday. New car prices were unchanged in July, but down 1.2% from the prior ...
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. ... and also ahead of economist expectations of a 3% annual increase ...
However, rules about where the car or battery comes from don’t apply to used vehicles. Used car buyers can receive a tax credit of $4,000 or 30% of the sale price of the vehicle, whichever is lower.
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.
And with used car prices still 29.6% higher than pre-COVID-19 pandemic levels, according to a study from used car search engine site iSeeCars, timing your used car shopping is vital if you want to ...
A report from UBS estimates that global car production will exceed sales by 6% this year, leaving an excess of 5 million vehicles that will require price cuts to get sold off of lots, Yahoo ...