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In the market for a used car? There's some good news.

Dec 13, 2022
Prices are 3.3% lower than they were a year ago, and have been dropping every month for the last five months. Here's why.
Despite a gradual decrease in price, used cars are still a lot more expensive than they were a couple of years ago.
Mario Tama/Getty Images

Buyer beware: some used vehicles coming on the market could have been flooded in Hurricane Ian

Oct 3, 2022
Experts say it is worth looking up a car's history before buying.
A car sits in floodwater after Hurricane Ian on September 29, 2022 in Orlando, Florida.
Gerardo Mora/Getty Images

Looking for a used car? You might have better luck ... soon.

Jul 21, 2022
Prices are still high, but demand is slackening and inventory is catching up, AutoNation reports.
Used car prices are up more than 40% since before the pandemic, says Michelle Krebs of Cox Automotive.
Justin Sullivan/Getty Images

After a wild year, the used-car market may be returning to normal

Jul 20, 2021
Inventory is rising as people sell extra vehicles to take advantage of high prices and dealerships make enticing trade-in offers, experts say.
The number of available used cars for sale is creeping back up after low inventory. Prices for the vehicles may peak this month.
Jim Watson/AFP via Getty Images

A used car can now cost you more than a new one

Jul 12, 2021
While many new-car assembly lines are backed up, older cars are available, and they're fetching premium prices.
Availability is part of the equation that has boosted the prices of some used-car models.
Justin Sullivan via Getty Images

Consumer prices jump, especially for cars, flights and other ways to get away

May 12, 2021
Inflation data shows that consumer prices went up 4.2% year over year — the most since 2008.
Car-rental prices have leaped, registering a 16% monthly increase in April. Consumer prices overall rose 4.2% year over year, outpacing forecasts.
Joe Raedle/Getty Images

Rental-car companies crash used-car auctions to find scarce vehicles

May 4, 2021
The price of used vehicles is up 32% since January.
Rental rates and the prices of used cars could remain high over the summer.
Cindy Ord/Getty Images

For public good, not for profit.

What’s behind the used car sales boom?

Aug 21, 2018
Used car prices hit a record high this summer according to recent data from the business and research firm Cox Automotive. Economists there found car prices for July, which is usually a slow month, were up 5.1 percent from the same month last year. Why is this happening? Click the audio player above to hear the […]
Used cars are displayed on a sales lot on June 9, 2011 in San Rafael, California.
Justin Sullivan/Getty Images

CarMax Inc. still earning respect

Jun 21, 2016
The used-car retailer is doing pretty well for itself, despite a worse-than-expected earnings report.
CarMax reported a first-quarter net profit of about $175.4 million on Tuesday.
Yana Paskova/Getty Images