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Used car prices fell 2.3% over the prior month in July and 10.9% from the prior year, data from the BLS revealed on Wednesday. New car prices fell 0.2% in July and 1.4% from the prior year.
Jul 10th 2023 at 3:09PM. 9. Used-car prices in the United States fell 4.2% in June, their biggest monthly drop since the early days of the pandemic, as a key measure of inflation eases. Rising ...
American car buyers have claimed more than $1B in federal EV incentives. More than 150,000 have claimed money to date. Byron Hurd. Jun 27, 2024 Study.
Used cars sold in an average of 49.2 days in July, 6.1 percent faster than in 2022. Average prices dropped to $33,240 from $34,376 a year ago, representing a 3.6 percent decline. The fastest ...
The remaining top 10 used models with the highest market share growth include: Hyundai Sonata: 484.3% growth between 2014 and 2024. Subaru Legacy: 316.8%. Subaru Impreza: 313.5%. Mercedes-Benz C ...
Manheim’s new-vehicle sales data shows a jump of 8.7% year over year in February, and up 9.1% month over month. It seems the issues Americans have had buying cars lately — whether it’s been ...
3. Used-car prices tumbled 7.0% in 2023, the second year in a row of falling prices in the sector after a massive pandemic era run-up. The Manheim Used Vehicle Value Index (MUVVI), which tracks ...
While the industry average price increase was 10.9% in July, EVs and hybrids posted a significantly higher increase. Website iSeeCars analyzed over 1.8 million used-car sales in July to arrive at ...
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