Still, used car values remain a whopping 49 per cent higher than they were in August 2019, just before COVID-19 hit.
According to Yosuke Hall, co-founder of the online used car dealership Carma, the average price declines cited don’t tell the full story of what’s going on in the market.
“It’s true that new car supply is coming back, but it depends on the manufacturer and the brand,” he says.
“Some brands have…
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