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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. ... As these new car prices trend downward, values of newer used ...
According to the highly-watched Manheim Used Vehicle Value Index (which tracks wholesale used-car prices at dealer auctions), used car prices jumped 3.7% in February compared to January of this ...
For the purposes of the study, iSeeCars defined a deal as a savings of at least 5%, or a minimum of $1,386 off the average used car price of $27,726. Next, find out how much you can actually save ...
Used car prices tumbled 7% in 2023, the second year in a row of falling prices in the sector after a massive pandemic-era run-up. ... an increase of 16.8% from last year’s 13.5 million figure. ...
Canada's 3,500 car dealers, which employ 140,000 people, told the federal and Ontario governments in mid-November they are at risk from the financial crisis; they are asking the national government to help out despite a record year [citation needed] of sales. Ottawa is considering providing financial aid to the Canadian subsidiaries of the Big ...
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.
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 ...
Currently, Canada produces around 10% of cars sold in the US (approximately 225,000 units), with Mexico supplying close to 20%. ... “By some estimates, average US retail car prices could rise by ...