Sky high used car prices are gradually returning to earth as production of new vehicles improves, but they’re still far more expensive than before the COVID-19 pandemic.
This is the latest from Moody’s Analytics, which this week published its Q1 used vehicle price report stating average used car prices across Australia were 13.2 per cent lower than they were at their May 2022 peak, and down 9.8 per cent year-on-year (to end of March).
The bad news is, used car prices are…
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