Used cars prices went up again; here’s where they could be headed

Nov 25, 2024 · Used cars prices went up again; here’s where they could be headed Older cars priced below $15,000 remain the toughest to find Published: Nov. 25, 2024 at 4:58 a.m. ET

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Used Cars Prices Went Up Again; Here’s Where They Could Be Headed

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Nov 25, 2024 · Used cars prices went up again; here’s where they could be headed Older cars priced below $15,000 remain the toughest to find Published: Nov. 25, 2024 at 4:58 a.m. ET

marketwatch.com

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Used-car Prices Are Going Up: Here's A Look At Why - USA TODAY

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While the most recent consumer price index showed used-vehicle prices fell 2.8% in February from the prior month and 13.6% over the last 12, that data wouldn’t have captured the higher wholesale prices car dealers began to pay in February. Cars that Americans purchased that month were likely bought by dealers in December and January when wholesale ...

usatoday.com

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Used-Car Prices Are Rising Again. That Could Be A Problem For The …

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Used car and truck prices rose 2.7% month over month in October, according to the latest consumer price index reading. On an annual basis, however, used vehicle prices were down …

msn.com

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Will Used Car Prices Go Up Or Down In 2025? | Rateworks

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Nov 26, 2024 · We all know that prices have been going up in recent years. Food prices alone have gone up 25% since 2019, and it has had quite the impact on pocket books.But what …

rateworks.com

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Affordability Crisis: ‘Alarming’ New Car Prices Push Buyers Toward …

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1 day ago · In the Bay Area last fall, the average used car sold for $30,868, and the average new car sold for $47,940. This year, used car sale prices fell slightly to $30,377 in the Bay Area, …

gmtoday.com

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Why Used Car Prices Are Going Up Again - Yahoo Finance

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Mar 9, 2023 · According to the highly-watched Manheim Used Vehicle Value Index (which tracks wholesale used-car prices at dealer auctions), used car prices jumped 3.7% in February …

yahoo.com

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Used Car Prices Going Up? It's Tricky, But They've Eased From Highs.

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May 26, 2023 · But instead of a price decline, the used-car market's slim inventory has pushed the average transaction price of that vehicle up by 8% to $21,223 in the first quarter of this year …

usatoday.com

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Used-Car Prices Are Finally Dropping; Here’s What To ... - Cars.com

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Dec 27, 2022 · After reaching a peak of $25,721 in February, average used-car prices among Cars.com dealers have been on the decline, with more substantial drops seen in recent …

cars.com

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Used Car Price Trends For 2024 (Updated Weekly) - CarEdge

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Dec 18, 2024 · Used truck prices are falling again in December 2024. Used truck and SUV prices were down last week, dropping by -0.57% in one week. ... and the blue line shows a 3% …

caredge.com

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Used Cars For Sale Near North Bergen, NJ Under $10,000

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Browse used vehicles in North Bergen, NJ for sale on Cars.com, with prices under $10,000. Research, browse, save, and share from 3,242 vehicles in North Bergen, NJ. Opens website …

cars.com

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Used Cars For Sale Near North Bergen, NJ Under $5,000

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Browse used vehicles in North Bergen, NJ for sale on Cars.com, with prices under $5,000. Research, browse, save, and share from 406 vehicles in North Bergen, NJ. Opens website in …

cars.com

FAQs about Used cars prices went up again; here’s where they could be headed Coupon?

How much did used car prices rise in October?

Used car and truck prices rose 2.7% month over month in October, according to the latest consumer price index reading. On an annual basis, however, used vehicle prices were down -3.4%. Still, the rate of price growth in October was significantly higher than the 0.3% gain logged in September. ...

How much have used car prices risen over the last 12 months?

Overall prices are up 6.4% over the last 12 months, according to CPI, but that reading has fallen for seven straight months. And prices would have risen 6.9% over the same 12 month period if used car prices had posted such a steep decline and instead just stayed unchanged. ...

Are used car prices creeping up again?

From an eye-watering peak of $31,400 in April of last year, the average price had dropped 14% to $27,125 early this month. Now, with the supply of used vehicles failing to keep up with robust demand, prices are creeping up again, with signs pointing to further increases ahead. ...

Are used cars getting more expensive again?

April's Consumer Price Index report revealed that used vehicles are getting more expensive again after an uninterrupted decline since July 2022. Here's what happened, and what buyers can expect next. In June 2021, used cars had risen so far that they accounted for a full third of the year-on-year inflation rate, according to Quartz. ...

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. ...

What happened to used car prices?

The nine month streak of good news snapped with the April CPI report, which showed used car prices rose by 4.4% month-over-month. So, what happened? CNN reported in February that auto wholesaler Mannheim registered a 4% jump in its average wholesale used car price in the middle of February, which was likely to trickle down to individual car buyers. ...