Used car prices are still elevated, but there are signs that the market is finally cooling. CarGurus’ used car price index shows that average used pricing for most brands has fallen over the last year, with some seeing double-digit percentage drops.
Tesla, which has reduced its new vehicle pricing several times in recent months, led the charge with an almost 27 percent drop in used pricing year-over-year. The top 10 list:
- Tesla: -26.95%
- Wagoneer: -18.42%
- Fiat:…
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