Tag: used cars for sale near me

10 Most Reliable Used Cars To Buy For 202310 Most Reliable Used Cars To Buy For 2023

September 9, 2024September 9, 2024| 9:14 am

When buying a used car, reliability is often one of the topmost priorities for consumers, and for good reason. With the cost of living continuously increasing, owning a reliable car means enjoying years of trouble-free miles and lower possible maintenance costs. Fortunately, the used car market offers many valuable options to choose from. In fact, in today’s market, any used car represents good value, both in terms of quality and cost savings. Significant advances in automotive research and development, as well as manufacturing techniques, mean cars are now more reliable than ever. Add to that the availability [...]

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Collapse in Used Car Prices Could Help Drive Inflation Below Fed TargetCollapse in Used Car Prices Could Help Drive Inflation Below Fed Target

July 25, 2023July 25, 2023| 5:08 am

A decline in used car prices should help drive inflation lower, according to Fundstrat’s Tom Lee. The Manheim used car price index fell 3.2% in the first two weeks of June and is down 9.4% year over year. “Manheim price index shows completely opposite trend of CPI used cars [prices],” Lee said. loading [...]

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Why the Used Car Market Is So Bad, and Won’t Get Better SoonWhy the Used Car Market Is So Bad, and Won’t Get Better Soon

May 4, 2023May 4, 2023| 11:23 pm

America’s car market operates in a giant cycle. No one planned it. But an interruption in one part of the cycle affects all the other parts. Waves that rock the new car market ripple through the used car market years later. Americans have spent most of the past two years dealing with record-high new car prices. The average price paid for a new car recently fell below the sticker price for the first time in nearly two years. Even that good news can be misleading because sticker prices themselves are near all-time highs. why? Because, says [...]

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