Used-Car Prices Tumble Most Since Start Of Pandemic, Record Drop For Month of June
July 10, 2023 at 17:20 PM EDT
To think it was just four short months ago when used car prices unexpectedly spiked, bucking the bleak and gloomy economic landscape and consumer spending doom and gloom, with the Manheim used vehicle index reporting that in February used car prices jumped 4.3%, the most since February 2009. “Used-vehicle prices increased 4.3% in February from […] Source