How much should you pay for a used car? Most shoppers would answer that they should pay much less than what the car originally cost, but that’s not the case.
Read moreUsed Car Prices Surge as Inventory Hits Four-Year Low
used car prices
Used Car Prices Falling: Seasonal or a New Trend?
If you’ve been watching used car prices, waiting for the right time to buy, you might have noticed that the prices are falling. This is good news, but the lower prices are only lower from the record highs we saw during and right after the pandemic. The good news is that if you’re in the market for a used car, car dealerships have used models that are now merely expensive instead of absurdly expensive. But is this just due to the winter season, or are falling prices the new trend?