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Consumers in search of a used car will find a mixture of good news and bad news in 2024. The good news is that average used car prices have fallen for two years in a row, according to the Manheim Used Vehicle Value Index. The bad news: Prices are still much higher than in 2019, before the COVID-19 pandemic rattled the market.
Cox Automotive expects the 2024 used vehicle market to grow by less than 1% year-over-year, with 36.2…
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