Used-Car Buyers Are Seeing Relief on Once-Soaring Prices

Rising used-car costs, which have been a giant contributor to inflation over the previous yr, are beginning to ease with sellers saying consumers are pushing again on what they’re keen to spend.

Throughout the pandemic, costs for preowned automobiles climbed 45%, hitting a mean of $29,969 on the finish of final yr and rising quicker than these for brand-new automobiles, in line with information from research-firm Edmunds.

Source link

Leave a Reply

Your email address will not be published.