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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.
That’s why it’s important to do your research when buying a used car to make sure you get one that rates high in performance, safety and reliability. 8 Unreliable Used Cars To Avoid Buying In 2025
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...
Used car prices have hit historic highs due to a shortage of new vehicles since the beginning of the COVID-19 pandemic. So, it's more important than ever for buyers to make sure their money is ...
They have a dedicated research program that uncovers the common car faults on used cars and publishes ways for the layman to spot and avoid these faults when buying a used car. Their used car price guide is the first consumer price guide to show real average mileages and regional price adjustment.
Before making the purchase, look for the following things that savvy consumers consider when buying a used car. Try This: 5 Used Cars With the Best Gas Mileage To Buy in 2025 Read More: 9 Things ...
In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.