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For used cars, Kelley Blue Book provides typical listing price, certified pre-owned price, trade-in value and private party value. [22] [23] Kelley Blue Book also offers expert and consumer vehicle reviews and ratings, and 5-year cost to own information for new cars.
Much of the problem stems from the surging prices of new cars. In February, according to Edmunds, the average new vehicle in the United States sold for nearly $48,000 — beyond the reach of many ...
New car prices fell 0.4% in April and 0.4% from the prior year. Compared to their peak in February 2022, prices paid for used vehicles are now down 16.8%. Used car prices rose more than 40% ...
This has concurrently led to lack of supply and higher prices for new cars, which have remained elevated and are still climbing. Manheim’s new-vehicle sales data shows a jump of 8.7% year over ...
Used car pricing reports typically produce three forms of the pricing information. Dealer or retail price is the price expected to pay if buying from a licensed new-car or used-car dealer. Dealer trade-in price or wholesale price is the price a shopper should expect to receive from a dealer if trading in a car.
An analysis released by automotive search engine iSeeCars.com ranked the average used car price across all 50 U.S. states, noting in its study that the average 1- to 5-year-old car cost about ...
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