Average Used Car Price Falls, But Not for Everyone

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The average used car in America carried a list price of $26,533 in October. That’s 0.6% lower than September’s price and 3% lower than last October.

But the news isn’t all good for used car shoppers.

“Used-vehicle inventory volume is still considered to be limited,” said Chris Frey, Cox Automotive senior manager of Economic and Industry Insights. America’s car dealers ended the month with about 2.3 million used cars for sale. The nationwide supply of used…

Continue reading this news update.

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