Share of 1- to 5-year-old used cars under $20K climbs to 20%
Declining used-vehicle prices boost volume
Declining used-vehicle prices contributed to a rise in the volume of 1- to 5-year-old models priced below $20,000 at the end of 2024, boosting affordability. Vehicles priced below $20,000 comprised 20% of the 1- to 5-year-old used market year to date through November 2024, a three-percentage point increase year over year, according to Experian data […]
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