The latest consumer price index shows that the price of used cars and trucks dropped 2.5% last month. Compare the price to a year ago, and it’s even lower — 8% to be precise. Prices have continued to fall from the historic highs of early 2022, when those chip shortages cratered the supply of new cars and drove a bunch more buyers to the used market.
But if you’re shopping for a used car now for the first time since before the pandemic, you’re…
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