The Ultimate Game-Changer: Edmunds Disrupts The Used Car Market - forums
Used car prices are softening but remain historically high.
While that’s still way above the average of $20,085 from.
The expected, substantial pricing gap between brand.
Webedmunds says a growing number of drivers who bought cars when prices were high with loans are now finding themselves in negative equity.
Webedmunds found the average transaction price for a used vehicle was $28,935 in the third quarter.
Webused ev values have undergone a major course correction, falling 20. 5% year over year from q2 of 2023 and 38. 5% from q2 2022.
Those most at risk.
The expected, substantial pricing gap.
Webdepending on who you ask (cox automotive, edmunds, cargurus, or black book), retail used car prices increased anywhere from 32% to 36% in 2021.
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Webedmunds analysts uncovered the key new trends shaping the used market in their q3 used vehicle report, including:
Webthe biggest question right now is:
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The average age for a used ev is 2. 7 years, trending younger than.
Webedmunds analysts uncovered the key new trends shaping the used market in their q3 used vehicle report, including:
When will interest rates come down, making used cars seem more attractive to value shoppers?
Many experts predict that.
