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Used car prices averaged $31,556 in March, down from a peak of $32,889 in April 2022 but still 33% more than March 2020’s $23,691. How is used car inventory?
The car and truck market is about to get worse, and not just because of tariffs. New car sales bottomed out in 2022, the peak year of COVID-19-era shortages that hobbled assembly lines.
Note: When it comes to the new car loan interest deduction, most imported vehicles, subject to the new 25% tariff, won't meet this U.S. assembly requirement and will not be eligible for it.
NPR investigated a practice called a yo-yo sale and found it's hurting car buyers nationwide, tougher rules can make a difference, and the Federal Trade Commission has a chance to crack down.
Should I Buy a Salvage-title Car? Typically, no—these kinds of vehicles come with several major risks that you shouldn’t ignore. But in some cases, buying a salvage-title car could make sense ...
You financed a new car a few years ago with a five-year loan. But your needs have changed, and you’ve decided to sell your vehicle—even though you still have time left on repaying the loan.
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