Family Car Zone: Used Car Prices

used car prices

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 Among the other goods that rose in price, according to the Bureau of Labor Statistics, are used cars and trucks, apparel, new vehicles, tobacco and airline fares. See also: Facebook has a big impact on the global economy, says Facebook-funded study The Mr. Banks said, "The used car market has enjoyed high demand and short supply after the recession causing used car prices to reach all-time highs. As the automotive market continues its rapid recovery, fundamentals in the automotive market will inevitably Here’s CarGuru’s list of the top 10 most affordable cities in which to buy a used car and the percentages below national average transaction prices: Here are the 10 budget-busting cities to avoid if you’re looking for a bargain-priced used car used car prices are always firmly tied up with the sales of new cars – and as they were strong in the end of 2014, we can expect this tendency to remain strong in 2015. When a person buys a new car, he tends to trade in his old one, which leads to the With auto sales recovering from their recession-era slump, the industry's supply of used cars has started to rise again, driving down prices. This in turn will pressure new-car prices and raise the stakes for automakers, which have enjoyed the new-car .

Strong demand for the low supply of SUVs and pickups drove up the cost of used cars and trucks slightly in 2014, but prices are expected to come down this year, experts say, thanks to low interest rates and a glut of available vehicles. Jonathan Banks With the average transaction prices of new cars hitting record highs, many buyers are hitting the used-car lots. But it turns out there's not much refuge from high prices there, either. Used cars are costing more on higher demand, with sales up compared 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 used car prices are starting to fall after rising steadily for much of the year. Easing gas prices in much of the nation and more trade-ins coming back to dealers because new car sales have picked up are behind the decrease. Used car prices are expected to .