Deciding whether to buy a new or used car can be tricky, with positives (and negatives) for either option. But one great reason to buy used is the fact that you can get a lot of vehicle for not a lot ...
According to the J.D. Power and GlobalData U.S. Automotive Forecast for October 2024, the average price of a used car is $28,472. This value is 2.3% lower than in October 2023 due to a drop in ...
Tariff-driven purchases haven't been linear, either, says Kevin Roberts, director of economic and market intelligence at CarGurus, a car research and sales website. They saw sales of new and used ...
Thomas has spent two years working in the auto journalism industry, contributing to a UK-based newspaper and writing for Euronewsweek. A full-time writer and lifelong engineering enthusiast, he now ...
Thanks to depreciation, it is entirely possible to snap up a vehicle in the used car market for a fraction of the cost of a new one. But with so many options to choose from, there's always the risk ...
The used car market took off during the COVID-19 pandemic. Shoppers had to shell out a lot of money for cars they could've gotten cheap just three years ago. Now, some used prices are starting to wane ...
Truck prices grew 50% faster than average vehicle prices year over year, but for many consumers, the real value is in the perks CHICAGO (Sept. 27, 2023) — Car-shopping marketplace Cars.com™ (NYSE: ...
Barring any surprises, used-vehicle market analysts don't expect to see steeper wholesale price declines in the second half of 2023. Price softening will continue to a degree in July following a ...
Thomas has spent two years working in the auto journalism industry, contributing to a UK-based newspaper and writing for Euronewsweek. A full-time writer and lifelong engineering enthusiast, he now ...