Used Car Prices

2005 Chevrolet Equinox at Bakersfield Hyundai! Interprice: $10495 By media-cache-ak0.pinimg.com
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Feb. 12 photo of two-year-old certified pre-owned cars at a Nissan dealership in Marlborough, Mass. (Photo: Bill Sikes, AP) In another sign that the auto market's recovery has not yet peaked, the average used car price hit a record $16,800 last year Prices of used cars and light trucks up to 5 years old will drop 3 to 4.5 percent this year, fueled by a rising supply of the vehicles and an increase in off-lease volume, predicts NADA Used Car Guide's monthly Perspective report. An exception to the trend DETROIT — In another sign that the new car market’s recovery has not yet peaked, the average used car price hit a record $16,800 last year, according to a report from Edmunds.com. That marked a 5.7 percent increase from 2013’s average of $15,900. WOBURN, Mass. - The automotive market is nothing if not opportunistic. A new study of 27 million used vehicle sales from the past two years examined links between gas prices and car buying habits, finding that shoppers aren't oblivious. The report In another sign that the new car market’s recovery has not yet peaked, the average used car price hit a record $16,800 last year, according to a report from Edmunds.com That marked a 5.7% increase from 2013’s average of $15,900. Higher used car prices Feb. 27, 2015 - 3:14 - KBB Director of Residual Values Eric Ibara compares the resale of electric vehicles with that of conventional vehicles. Fox Business Channel Finder Find the Fox Business Network in your area. .

As the average price of a used car hit a record in 2014, it may be a sign that the auto market is improving. Edmunds.com says the average price of a used car climbed to just under $17,000 last year. That's a 5.7 percent increase over 2013. Certified pre-owned BMW vehicles parked at a dealership in Shelby Township. U.S. dealers sold a record 2.3 million nearly new vehicles last year. (Photo: Bloomberg News) In another sign that the new car market's recovery has not yet peaked, the average A NEW Ford Mustang will cost half what it did a decade ago when it goes on sale later this year — but Australians will still pay up thousands of dollars more than US buyers for the exact same car. Ford Australia has confirmed the starting price for the While the US new car market soared almost 6 percent last year to 16.5 million units, there are signs its peak has not been reached – the latest being a report coming from Edmunds.com. It appears that just as it was the case with the new car and light .

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