Tag: Used Cars

Most Used Cars Are Getting Cheaper, Except For Trucks

Used cars are finally getting a little cheaper, according to Cox Automotive. After what seemed like an interminable series of price hikes across all vehicle segments, used prices are going down. The only

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Used Car and Airline Prices Signal Inflation Is Here to Stay

(Bloomberg) — The rapid descent of US inflation over the last few months is likely too good to last. Most Read from Bloomberg New upside risks in categories that have played an outsize

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What drove online used car marketplace Shift to file for bankruptcy

Image Credits: Jason Hawkes / Getty Images Shift Technologies, the San Francisco-based online used car startup turned publicly traded company, filed this week for Chapter 11 bankruptcy. The short story, according to recent

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Car dealership fails to honor warranty and replace bad engine

GREENSBORO, N.C. — Reginia Aiken just wanted a reliable car to get her to and from work and around town. It didn’t need to be flashy or have all the bells and whistles.

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7 Myths People Believe About Used Cars That Are Costing Them Thousands

AdrianHancu / Getty Images Many people turn to used cars in hopes that they will save them money in the long run. On the surface, this seems like a safe assumption. After all,

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Used car prices soar 50% in Chattanooga, study says

A new study shows used car prices, driven by the lingering effects of the pandemic, have soared nationally and in Chattanooga. According to auto research website iSeeCars.com, the average cost of a 3-year-old

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Lawsuit accuses Pa. used car dealer of scamming customers: reports

A lawsuit filed by the Pennsylvania Attorney General in Cambria County is accusing a used car dealer of illegally selling vehicles on Facebook Marketplace. The lawsuit says that David Gaida, 25, had been

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Wichita car dealer repeatedly sold Mercedes without title, wrongfully repossessed it: DA – Wichita Eagle

The owner of a used car dealership in north Wichita and an ex-salesperson will pay thousands in restitution and civil penalties to settle claims they engaged in shady business deals in violation of

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5 Steps for Buying a Used Car in 2023

By Perri Ormont Blumberg Oct. 5, 2023 5:30 am ET Listen to article (1 minute) A used car was the way to get a cheaper vehicle until the pandemic sent prices for preowned

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Used car prices continue to fall, but not as quickly

Used car prices fell incrementally from August to September, but the overall decline in prices is slowing. A report from financial intelligence firm Moody’s Analytics found prices declined 0.5 per cent from August

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