Used Car Prices Expected To Keep Going Up
Used car prices have been surging in 2021 - and analysts think the trend might be here to stay.
Used vehicle prices went up 1.9% in November and 2.5% in October - twice as fast as the cost of new vehicles.
Part of the reason? Fewer used vehicles heading to market, caused by a lack of new car purchases and fewer rental cars being sent to auction.
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