Used-car prices are surging, but for some models more than others

May 26, 2021 · Used cars, always a bit of a gamble, have now become a part of America's casino economy. Sell high, buy low. But don't panic. It doesn't make sense to pay nearly $150k for a …

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Used-car Prices Are Surging, But For Some Models More Than Others

4 weeks from now

May 26, 2021 · Used cars, always a bit of a gamble, have now become a part of America's casino economy. Sell high, buy low. But don't panic. It doesn't make sense to pay nearly $150k for a …

autoblog.com

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Used Car Prices Are Surging. Here’s Why You Should Buy Now

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Mar 30, 2023 · “A used inexpensive car is now becoming more and more of a luxury,” Catalano said. “What the market wants right now is not available, and that’s $3,000, $4,000 and $5,000 …

newsnationnow.com

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Why Experts Say Now Is A Good Time To Buy A Used Car Before …

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Mar 30, 2023 · 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 …

pbs.org

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Car Sales, Prices Tick Up As More Americans Think It’s Time To Buy

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6 days ago · “There’s a lot more inventory than there was in the last several years,” said Patrick Olsen at Carfax. ... you can get a $7,500 tax credit for many models. But President-elect …

marketplace.org

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Used-Car Prices Are Falling, Especially Among EVs

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Dec 3, 2024 · For example, if you have to borrow $15,000 for a used SUV that will be worth less than $10,000 in a year or two, you may end up “underwater,” or owing more than the car is …

consumerreports.org

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10 Used Cars That Sell For More Than Their Original Price - MSN

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Price new: $81,425. Price used: $98,135. High-end performance cars like the Corvette Stingray are in high demand, especially since they often include optional features that inflate their value.

msn.com

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Used Car Price Trends For 2025 (Updated Weekly) - CarEdge

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1 day ago · As we enter the new year, used car prices are slowly falling. In January 2025, the average used car listing price sits at $25,571. New car incentives are pulling buyers away from …

caredge.com

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'Alarming' New Car Prices Push Bay Area Buyers Toward Used Vehicles

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Dec 24, 2024 · Those sky-high costs — averaging more than $50,000 in the Bay Area — are pushing many buyers toward used vehicles. But later-model used cars are costly, cheaper …

mercurynews.com

FAQs about Used-car prices are surging, but for some models more than others Coupon?

Why are new car prices high?

The prices of new cars are surging, leading to a vehicle shortage and inflated prices. In February, according to Edmunds, the average new vehicle in the United States sold for nearly $48,000 — beyond the reach of many consumers. ...

Why are used cars so expensive?

Once the government sent stimulus checks to most American households, demand for autos rose as many people spent their money. As they did, the supply of used vehicles fell and prices surged. By early last year, the average used-vehicle price was more than 50% above its pre-pandemic point. ...

How much does a used car cost?

Even after accounting for the price drops of the past year, the average used vehicle remains about 35% above where it was before the pandemic erupted three years ago. At that time, the average price was $20,425. Once the government sent stimulus checks to most American households, demand for autos rose as many people spent their money. ...

Are used car prices going up?

Deepening the shortage, fewer used vehicles are coming off leases or being off-loaded by rental car companies. Average list prices for used car have edged up by about $700 in the past month, and Alex Yurchenko, chief data officer for Black Book, which tracks prices, expects them to keep rising at least into summer. ...

Is the average used car price up 30 percent?

According to CarGurus' numbers, the average used car price has increased by almost 30 percent compared to last year. This is even higher than the 16.8 percent increase reported by iSeeCars in April 2021 compared to April 2020. ...

Are used cars selling for more than their original price?

The post 10 Used Cars That Sell for More Than Their Original Price appeared first on The Amazing Times. One of the most surprising economic outcomes of the pandemic has been the rise in used car prices. In some cases, pre-owned vehicles are selling for more than their brand-new counterparts, creating a unique trend in the automotive market. ...