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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...
Today, the average passenger car age is around 12.5 years in the U.S., and many vehicles can last between 200,000 and 300,000 miles. That’s if they’ve been regularly maintained throughout ...
The average used Tesla Model 3 sells for around $29,000, per CNN, while a new base Model 3 costs around $38,000-$40,000, depending on if one of the company’s frequent price slashes is in effect.
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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 ...
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 ...
The e-commerce firm said on Thursday that it will launch vehicle sales in the US in the second half of 2024, allowing local car dealers to sell directly to customers on its site.
For example, the average used price of the Toyota Highlander increased by 24.6% to $36,311!” He continued, “Looking deeper at really cheap possibilities, especially those under $10,000 ...