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A recent study by Edmunds revealed that in Q3 of 2024, the average new car cost $47,542—$20,365 more than the average used car.

Study found new car prices surged to record highs, leaving used...

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As the price gap between new and used vehicles reaches an unprecedented level, many consumers are feeling the tension of escalating costs in the...
wholesale used-vehicle prices

Wholesale used-vehicle prices jumped in February reports Cox Auto

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Last week, Cox Automotive reported a 4.3% increase in wholesale used-vehicle prices in February. According to the report, this is the largest monthly gain for...