Used car bubble

Used Cars Take A U-Turn: Prices Finally Fall
Used Cars Take A U-Turn: Prices Finally Fall

Last summer, used car prices were sky high -- not as high as they'd been earlier in 2012, but close enough that the price gap between "new" and "new used" cars remained very, very narrow. But oh, what a difference 12 months can make. According to Detroit News, used car prices have been in free fall...Read More»

2009 Toyota Highlander Hybrid
Frugal Shopper: Compare New And Used Vehicles Before You Buy

This year may go down in history as one of the best for frugal car shoppers. Thanks to incentive programs from automakers and the federal government and return policies from companies like Hyundai and GM, 2009 has been mostly a buyer's market (at least for buyers who've been able to score loans in...Read More»

Used car salesman
Used Car Prices Hit Record High

According to the Manheim Used Vehicle Value Index, used car prices hit an all-time high in September, based on sales values and trade-in values for vehicles across the U.S. The rise is due in part to Cash for Clunkers, which shrank used car inventories. However, Manheim also attributes the spike to...Read More»

Clunkers
Cash For Clunkers To Cause Used Car Bubble?

The law of supply and demand is a fairly simple concept - before you exit screaming with memories of high school economics flashing before your eyes, read on for just a minute - but the problem with simple concepts is they are often applied to highly complex situations. Take the impact of the new...Read More»

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