Used Car Market Saw Prices Briefly Cool Off But It’s Not Going To Continue

For those who’ve been looking at used cars lately, there’s some good news. The overall used car market saw some cooling, when it comes to prices paid. The past four months have seen used car prices drop an average of about 12 percent, according to the National Automobile Dealers Association. It’s worth noting, however, that this is down from a high point and doesn’t put used cars anywhere near their price points prior to COVID-19 shutdowns.

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