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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. 5 Cars That Decreased in Price in 2023 — Are They ... - AOL

   www.aol.com/5-cars-decreased-price-2023...

   New research from Rerev reveals the cars that have actually decreased in price over the last 10 years. Which are they? ... ($29,495 according to Car and Driver), representing a 15.26% decrease ...

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. How To Find the True Value of Your Car — and What ... - AOL

   www.aol.com/true-value-car-number-means...

   Today, the average used car has around 70,000 miles, and some dealerships take in cars with up to 150,000 miles as trades. However, a vehicle with lower miles usually sells for a higher price than ...

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 ...