Prices for used cars and trucks surged in October, contributing to an unexpected uptick in inflation. Used vehicle prices have continued to rise since then, a trend that could potentially complicate ...
There’s some disagreement about the forecast for Canada’s retail used market in 2025. But analysts agree on one thing: it’s hard to know exactly what retail used-car demand and pricing is going to ...
The average sales price of 3-year-old used vehicles surpassed the $30,000 mark in Q1 2025, narrowing the gap with new car prices to under $17K for the first time since 2022. Due to unexpected market ...
Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.
U.S. President Donald Trump announced Wednesday that he will be bringing in a 25 per cent tariff on all auto imports at the start of next month. Since many of the parts used in American cars are ...
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As buying used becomes the "New Normal," used car prices are receiving more scrutiny than ever before. Although the year began with declines in the average used car price, the trend quickly shifted.
It’s no secret that new cars are becoming more expensive. Sticker prices continue to climb, even as technology and production methods improve. Until recently, though, the used-car market was a ...
After over two years of a demand freefall in the used car market, prices have suddenly increased, indicating a change. While the price increase isn't dramatic, it could hint at what consumers should ...
We're looking at the climbing prices of used cars, and South Korea's latest response to U.S. tariffs, Japanese auto worker ...
Last week, President Donald Trump granted automakers a one-month grace period regarding tariffs on Mexico and Canada. But that’s not a free pass, and it could mean your next vehicle purchase or car ...
Price data on 3-year-old used cars shows a market with numbers similar to a couple of years ago when inventory was a challenge.
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