Used Car Prices Continue To Soar Despite Falling Inflation

Key Takeaways Used car prices have increased 48% since 2019, with popular models like the RAM 1500 and Toyota Corolla seeing increases of more than 50%. Interest rates on used car loans have also increased by more than 50% over the past two years, increasing the financial burden on auto loan holders. Source: www.hotcars.com

Currently, Only One New Car Is Sold In The U.S. For Less Than $20,000.

Just five years ago, price-conscious car buyers in the United States could choose from more than a dozen new small cars priced under $20,000. Now, he’s the only one left. This is Mitsubishi Mirage. And it looks like Mirage is heading to the scrapyard as well. At a time when Americans increasingly want… Source: www.cbsnews.com

Currently, Only One New Car Is Sold In The U.S. For Less Than $20,000.

Just five years ago, price-conscious car buyers in the United States could choose from more than a dozen new small cars priced under $20,000. Now, he’s the only one left. This is Mitsubishi Mirage. And it looks like Mirage is heading to the scrapyard as well. At a time when Americans increasingly want… Source: www.cbsnews.com

Gasoline Is Fueling U.S. Inflation, But At Least New And Used Car Prices Seem To Be Getting Better.

New and used car prices continue to decline, According to the latest government inflation data It was released Wednesday morning. The bottom line is that Americans may have more flexibility in purchasing cars. approaching automatic strike It can damage their prospects. Regarding August,… Source: www.autoblog.com

Ford Falls, Jeep Rises As Interest Rates And Inflation Rise

Most major automakers reported lower new car sales in July as passenger car sales continued to slump and some consumers opted for less-used vehicles. Analysts said a strong start to the year also led to some decline in demand for new cars in July. The industry remains in good shape. Following the July results, IHS Markit analysts… Source: www.usatoday.com

Looking For A New Car Under $20,000? Your Choices Are Reduced To 1 Vehicle

DETROIT (AP) — Just five years ago, price-conscious car shoppers in the United States could choose from more than a dozen new small cars priced under $20,000. Now, he’s the only one left. This is Mitsubishi Mirage. And it looks like even Mirage is on its way… Source: apnews.com

Gasoline Is Fueling U.S. Inflation, But At Least New And Used Car Prices Seem To Be Getting Better.

New and used car prices continue to decline, According to the latest government inflation data It was released Wednesday morning. The bottom line is that Americans may have more flexibility in purchasing cars. approaching automatic strike It can damage their prospects. Regarding August,… Source: www.autoblog.com