Used-Car Prices Remain High, With Fewer New Cars to Choose From
Shopping for a used car right now can be particularly daunting, with a shortage of newer, low-mileage inventory, high interest rates, and high prices all standing between buyers and their next car. With tariffs now raising prices and electric vehicle tax credits being discontinued, some new-car shoppers may consider a used car to save cash, adding competition for those desirable late-model vehicles.. The average price of a 3-year-old us...