Used car buyers looking to spend under $20,000 have slim pickings in Denver

  • Home
  • Global
  • Used car buyers looking to spend under $20,000 have slim pickings in Denver

One fallout from the pandemic and the inflation that followed has been a dramatic decrease in the number of late-model vehicles available for under $20,000, according to a new study from iSeeCars, an online vehicle marketplace.

Back in 2019, nearly half of all late-model used vehicles, defined as those under five years old, could be purchased for under $20,000. But this year, only 12.4% fell under that price point, according to the study.

And for those with only $15,000 to spend,…

Continue reading this news update.

Comments are closed