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Website. www .nada .org. The National Automobile Dealers Association ( NADA) is an American trade organization representing nearly 16,500 franchised new car and truck dealerships, both domestic and foreign. Established in 1917, the organization is based in Tysons Corner, Virginia. As the automotive retail industry's primary trade association ...
The average used car buyer paid $27,147 in June year-over-year, according to Kelley Blue Book (KBB), and as Manheim noted, used car prices were down 6% in June while wholesale used-vehicle prices ...
Maybe. Used-car prices started coming down from their pandemic-inspired highs in the latter half of 2022, then started climbing again in January 2023. We can't tell you when the best time to buy ...
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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 used ...
From an eye-watering peak of $31,400 in April of last year, the average price had dropped 14% to $27,125 early this month. Now, with the supply of used vehicles failing to keep up with robust ...
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