Q: Used car prices have been dropping for a few months. But there were huge increases during the pandemic. What’s going to happen?A: Over the last two years, on average, car prices have been coming down. I think that that trend is generally continuing. There are seasonal times around...
The prices of used EVs were falling fast in early 2024, and they’re still falling today, just more slowly. Based on the study’s sampling of 1.3 million used car transactions between November 2023 and November 2024, the average used EV costs $27,615, that’s 8% cheaper than the averag...
it, but if you're shopping for a deal, right now may be the ideal season to save the most on a used vehicle. Used car prices spiked during the pandemic, and while they've dropped this year (and become more predictable), it's always worth looking for the best price before you buy....
Lucid has raised prices for its flagship electric car by over $100 per month. According to our records, 2025 Lucid Air lease prices have quietly gone up for two consecutive months. While our analysis found that the Lucid Air can still be an excellent car to lease, the price increases could...
Food, housing, electricity, clothing, travel and so many other things experienced dramatic price increases in recent years. Add used cars to the seemingly unattainable items on your wish list. While many things still cost more, at least used car prices are falling. ...
However, MotorCheck said the increased demand combined with difficulties in accessing used stock from the UK is likely to lead to price increases in the used car market along with a shortage of good quality used stock. Prior to the spread of Covid-19, used cars impo...
All model class segments showed month-over-month increases. Average prices have continued to rise so far in March and stood at $14,536 for the week ending March 17. Further insights on wholesale price trends can be gained by holding constant for auction sale type, model-year age and...
“owners club” to whichever vehicle you’re searching for. Whether you’re seeking vintage Porsches or cars from the late AMC brand, there’s a community for almost every vehicle out there — even unloved ones. Browsing the classifieds section on these sites increases your chances of finding...
DATE August 2023 Related Industries Automotive MEET THE AUTHORS Richard J. Parkin France • Partner Mickael Tauvel France • Partner The European used car (UC) market is seeing unparalleled attention and investment. While OEMs have long understood the links between new and used markets, th...
Carfax 1-Owner Increases Used Car Profitability