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A recent Consumer Reports article indicated that used car prices have been falling as of mid-2024. In April, the average price for a used vehicle was $28,550, which was 10% lower than in April 2023.
In general, used cars are more reliable than ever, according to a new study from J.D. Power. The J.D. Power 2023 Vehicle Dependability Study revealed that owners reported an average of just 186...
As of 2024, there were just 11.4 million used cars 6 years old or newer available to buy at dealerships — a drop in 4.1 million from the 15.5 million used cars available in 2022.
June is the worst month to buy a used car, with 30.4% fewer deals than average. May (-27.8%) and July (-22.5%) are also tough months for bargain hunters. And bad news for fathers hoping for some ...
Both the 500L wagon (retired after the 2020 model year) and the 500X subcompact SUV made U.S. News and World Report’s list of “Used Cars To Avoid in 2023” and ranked at the bottom of their ...
This car is among the top ranked by U.S. News & World Report as used cars to avoid in 2024. “[The] 2020 Frontier is a disappointment in many other areas,” according to U.S. News.
Speaking to the Detroit Free Press in December, Cox Automotive Chief Economist Jonathan Smoke said, “For consumers looking to buy a vehicle, it’s the best year by far since 2019.”
Fifteen-year auto industry veteran Nick Robinson, co-founder of Pick and Pull Sell Car, a marketplace for used car parts, does not believe the specs of the BMW iX can justify its price tag, which ...
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