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  2. List of most expensive cars sold at auction - Wikipedia

    en.wikipedia.org/wiki/List_of_most_expensive...

    The high prices drove enthusiasts away from the market, and cars passed from investor to investor with little or no profit gained. [18] The 1980s boom was followed by 1990s bust, and the values of classic cars plummeted, causing most owners to lose considerable portions of their investment portfolio values. [33]

  3. Vehicle recycling - Wikipedia

    en.wikipedia.org/wiki/Vehicle_recycling

    New Zealand motor vehicle fleet increased 61 percent from 1.5 million in 1986 to over 2.4 million by June 2003. By 2015 it almost reached 3.9 million. This is where scrapping has increased since 2014. Cash For Cars is a term used for Car Removal/Scrap Car where wreckers pay cash for old/wrecked/broken vehicles depending on age/model.

  4. Scrappage program - Wikipedia

    en.wikipedia.org/wiki/Scrappage_program

    There is no emission restriction of the new car to be bought. Since 2010, one person can scrap up to three cars and/or use the same amount of vouchers in exchange for a new one, but in 2012 this was dropped. In 2014, the value of the voucher was raised to 6,500 lei and the age of the car reduced to eight years. Number of cars traded

  5. Used car prices tumble 7% in 2023, though still elevated ...

    www.aol.com/finance/used-car-prices-tumble-7...

    Used car prices tumbled 7% in 2023, ... Earlier on Monday Rolls-Royce reported a record 2023, showing even the highest end of the market remains resilient.

  6. Car Allowance Rebate System - Wikipedia

    en.wikipedia.org/wiki/Car_Allowance_Rebate_System

    The scrap value, however minimal, will be in addition to the rebate, and not in place of the rebate. The new car bought under the plan must have a suggested retail price of no more than $45,000, and for passenger automobiles, the new vehicle must have a combined fuel economy value of at least 22 mpg ‑US (11 L/100 km; 26 mpg ‑imp). [18]

  7. Used car prices are surging. Here's why you should buy now - AOL

    www.aol.com/finance/used-car-prices-finally...

    Much of the problem stems from the surging prices of new cars. In February, according to Edmunds, the average new vehicle in the United States sold for nearly $48,000 — beyond the reach of many ...

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