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Consumers shell out more for used cars, especially 3-year-old vehicles
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Consumers shell out more for used cars, especially 3-year-old vehicles
Pandemic-era new-car production cuts have trimmed late-model used-vehicle supply. Lease maturities have declined. Automakers have slowed discounts. This trio of market factors pushed average used-car prices in the opening weeks of May up $130 from a year ago to $29,168, according to analysis released Thursday by J.D. Power. Meantime, data from EpicVIN shows average used-car […] TO READ THE FULL STORY BECOME A MEMBER Login The post Consumers sh…
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