Used cars are finally getting cheaper. Tesla’s Model 3 and these...
These 10 used models saw the biggest price drops in the last four months of 2022, according to a recent study by iSeeCars.com. Ram trucks at a car dealership. AP Photo/David Zalubowski The firm analyzed sales of 1-5-year-old cars, excluding any models that were discontinued as of 2022 or were on sale for 3 or…
If you’re looking for a car deal this Christmas, you may...
Don't let ads fool you: holiday car deals will be meager this year. After three years of limited inventory, the auto industry is adjusting to a new normal. Eventually, companies will have to appeal to loyal customers again. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while…
Used cars are getting cheaper. Here’s a breakdown of how prices...
Pre-owned car prices sank 4% in August to the lowest since last September, according to Manheim data. Waning demand will make for "an absolute vortex of deflation" at used car lots, one expert tweeted. But while prices are broadly falling, some manufacturers' cars are still proving to be solid investments. Loading Something is loading. Nick…
The rise of brand-new, second-hand electric vehicles
Enlarge / Used Tesla model 3 sedans available to purchase at an all-EV dealership.shaunl | Getty Images David Cottrell got his $39,999 Tesla Model Y last February. The compact electric hatchback was a fantastic car, he says. But just a few months later, he decided to input the make and model into the website of…
“Kind of crazy”—how the booming US used car market is driving...
Nathan Mattise Last month it took Carey Cherner, a 36-year-old used car dealer in Kensington, Maryland, less than 12 hours to sell a 2001 Ford F-150 pick-up truck with 184,000 miles on the clock. It went for $7,500—50 percent higher than usual. Cherner’s experience was not a one-off in the US used car market, where…
