About Real Car Tips
Profile Pic
Find the Best Car Deals Near You ⤵

Used Car Prices Finally Drop After 5 Month Streak

Starting in November 2008, used car prices kept rising for 5 consecutive months. Buyers were avoiding new cars and opting for used, which drove prices up.

Last month used car prices finally broke the streak and fell nearly 1% from the month prior. Prices dropped 6% when compared to the same time last year.

Not all segments dropped however. Luxury vehicles and pickup trucks still increased in price (by about 2%).

Nevertheless, used car prices seem to have leveled off a bit and the opportunity to get a good deal over the next few months has increased.






Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...


(Absolutely NO SPAM, easy to unsubscribe)
×

About The Author

Gregg Fidan Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

Latest Weekly Car Buying Tips

May 2024

April 2024

I welcome your car buying questions. Email Me and I'll be glad to answer them!





Your Zip Code:
processing...