- The average value of a trade-in jumped to $ 8,738, up 70% from last year.
- Used car prices have gone up so much that the vehicle in your driveway may be worth more than it was a year ago.
- A shortage of new vehicles caused by a reduced supply of semiconductor chips has pushed up prices for new and used vehicles.
Now it’s not time to take by reflex the first offer for your used car or truck.
Used car prices have skyrocketed so much that in many cases the vehicle sitting in your driveway is worth more than it was a year ago – an unthinkable turnaround for an expensive item that historically has lost value as soon as it is driven. a lot of dealer.
Subscribe to continue reading
Black Friday sale: unlimited access for only $ 1 / week