Used-Car Prices Are Back To 2023 Highs, And EVs Are Leading The Climb
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Used car prices just surged again, hitting the highest level since 2023.
Strong demand and tight supply are keeping wholesale values elevated.
EV prices are rising too, even as more used models hit the market.
New car prices are climbing, tariffs are costing Americans billions, a war in Iran is kicking up gas prices, and now, used-car pricing is headed skyward as well. A new report indicates that wholesale used-car prices were higher in March than they’ve been since the summer
Strong demand and tight supply are keeping wholesale values elevated.
EV prices are rising too, even as more used models hit the market.
New car prices are climbing, tariffs are costing Americans billions, a war in Iran is kicking up gas prices, and now, used-car pricing is headed skyward as well. A new report indicates that wholesale used-car prices were higher in March than they’ve been since the summer
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