Cox Automotive reported a slight uptick from July to August in its Manheim Used Vehicle Value Index. The index, which tracks vehicles sold at its U.S. wholesale dealership auctions, remains ...
Prices have eased over the past year, but high interest rates make for more-costly monthly payments By Benjamin Preston Prices have finally begun to soften after a historic used-car price spike ...
In the market for a car? There are a few hopeful signs for buyers with cash, according to Ivan Drury, director of insights at Edmunds, the car shopping experts. Used-car wholesale prices peaked in ...
Will inflation continue to slow at a solid pace? Economists are warily watching a few key areas, like housing and cars. By Jeanna Smialek President Biden has openly celebrated recent inflation ...
The Manheim Index found that wholesale used-vehicle prices saw a 0.2% increase in August from July, though the index itself is down 7.7% from a year earlier. “August brought a stop to wholesale ...
July’s CPI report showed a drop in both new and used car prices. Yahoo Finance's Pras Subramanian explains that while new vehicle sales are down month-over-month 0.1%, they remain higher ...
New and used car prices are continuing to drop, according to the latest government inflation data released Wednesday morning. The bottom line? Consumers may be buying more cars. For the month of July, ...