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When Will the Used Car Market Bounce Back? The Jerry study found that the used car market will not return to pre-pandemic levels anytime soon. In 2019, there were 13.1 million used cars on the market.
The biggest of the Big Three experienced a strong 2024 with robust sales of its generally higher-priced vehicles, like trucks, SUVs, and EVs.. GM shareholders were rewarded with the stock up 25% ...
Here are the best- and worst-case scenarios for Florida’s housing market in 2025. Best-Case Scenario: Sunny Days Ahead Keith McCoy, owner and founder of Midtown Homebuyers in Milton, Florida ...
The release of new-car models impacts the used-car market in a few ways. Lang said the first way is dealers will discount current-year stock to make room for new models.
At $28,381, the average transaction price in Q1 is considerably higher than the $19,657 level five years ago. Even more troubling for buyers looking for used cars is that the available pool of ...
Classic car insurer Hagerty Inc. is out with its highly watched Bull Market List for 2025, outlining the enthusiast vehicles the insurer thinks are undervalued and could appreciate in the near to ...
The drop in used car prices is also good news for the U.S. Federal Reserve, which has been steadily raising interest rates in hopes of slowly curbing inflation without sending the U.S. spiraling ...
The used car market saw even more moderation, with prices down 0.5% for June, and dropping 5.2% year over year. Both of those figures for the used car market fell considerably compared to the ...
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