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  2. Used car prices fall again in July, down nearly 20% from ...

    www.aol.com/finance/used-car-prices-fall-again...

    New car prices fell 0.2% in July and 1.4% from the prior year. Compared to their peak in February 2022, prices paid for used vehicles are now down 19.4%. Used car prices rose more than 40% ...

  3. 5 Factors That Depreciate Car Value the Most - AOL

    www.aol.com/finance/5-factors-depreciate-car...

    “In essence, as you drive your car more and more, its overall value will decrease,” Goronga said. Even if your car has been trustworthy for over 200,000 miles with only a few issues, its ...

  4. Inflation: New and used car prices easing as normalcy returns

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

    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 ...

  5. The Market for Lemons - Wikipedia

    en.wikipedia.org/wiki/The_Market_for_Lemons

    In American slang, a lemon is a car that is found to be defective after it has been bought. Akerlof's theory of the "Market for Lemons" paper applies to markets with information asymmetry, focusing on the used car market. Information asymmetry within the market relates to the seller having more information about the quality of the car as ...

  6. Small cars are back because that’s all Americans can afford

    www.aol.com/finance/small-cars-back-because...

    And with car size continuing to expand since the 1970s without any signs of slowing down as they accommodate both safety and luxury features, large cars will continue to be popular.

  7. Resale price maintenance - Wikipedia

    en.wikipedia.org/wiki/Resale_price_maintenance

    Resale price maintenance ( RPM) or, occasionally, retail price maintenance is the practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum ...

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