Used vehicle prices continue to drop and more certified preowned cars line dealers' lots as consumers seek alternatives to ...

Prices for used cars shifted into reverse this year, and the price gap between used and new cars has never been larger.

Accordingly, Edmunds editors reviewed sales data from most manufacturers from September of this year to find the deepest ...

Used car prices have remained elevated for a number ... car’s trade-in value is less than what’s owed,” Drury from Edmunds ...

These manufacturing issues then increased demand for used cars, leading to higher prices ... In the third quarter, about one-fourth of trade-ins toward new-vehicle purchases had negative equity, ...

The average selling price for a new car in September was more than $47,000; for used cars, it topped $27,000, according to data from the car-buying site Edmunds. Even nine-year ... to when owners owe ...

Good morning! It’s Tuesday, November 5, 2024, and this is The Morning Shift, your daily roundup of the top automotive ...

What began with pandemic-era supply shortages has morphed into a 21% price increase, on average, for a new car compared with ...

The gap between the average price of a new vehicle compared to a used car topped $20,000 for the first time last quarter, ...

Edmunds said used car prices fell 6.2% last quarter compared ... and at the same time the used supply is constrained due to fewer trade-ins on new car sales, rental agencies aren't selling as ...