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 tax season in February and March, or around return to school in August, where prices can go up a bit. ...
Factors that drove used-car prices according to the author are limited supplies of new and used cars and higher demand. Analysts said that sport utility vehicles (SUVs) have strong demand due to decline in gas prices. Manheim Consulting economist Thomas Webb predicts that the Manheim Used ...
The best month to buy a used car varies greatly by region. Shopping for a car in the "off-season," when demand is low, may yield more promotions. Depending on where you live, the weather may also be a factor driving down car prices. Foul weather, especially in the north, can keep ...
For context, Tesla’s 10 percent drop in used car prices is much higher than most automakers. Kia, for instance, has mostly held steady over the last year, while Ford prices have gone up since 2025 started but are down around 4 percent since last March. Most automakers are around that ...
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Between COVID-19 shutdowns, production delays, and the semiconductor chip shortage, these five used car prices are going bananas.
Motor vehicle dealers and assemblers had earlier raised car prices citing depreciation of the shilling, reduced imports of used units and rising borrowing costs. Production of cars had slowed down globally in the wake of the disruption caused by the Covid-induced shocks, including shortage of ...
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According to ADESA US Analytical Services’ monthly analysis of auction industry used vehicle prices by vehicle model class, wholesale prices in February averaged $14,312—up 4.0% compared to January, down 9.8% relative to February 2023, and up 31.5% versus pre-pandemic/February 2019, as show...