Q3 marked ‘return to normalcy’ for used-car retail prices
Auto Remarketing
NOVEMBER 14, 2023
When it comes to used-car retail prices, the third quarter pointed to a “return to normalcy,” a trend that was particularly evident by this metric: late-model used cars have prices that are “notably below” those of new vehicles. drop in used vehicle prices compared to the typical 0.7% year-over-year drop.
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