Business

Used car buyers see relief from once skyrocketing prices

Rising used-car prices, which have been a major contributor to inflation over the past year, are starting to ease as dealers say buyers are putting off what they are willing to spend.

During the pandemic, used vehicle prices soared 45%, averaging $29,969 late last year and rising faster than those of new vehicles, according to data from the research firm. Edmunds.


Wj

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