The average sales price of a three-year-old used car in America surpassed $30K for the first time since 2023. The average age of used cars returning to dealerships has gone up, attributable to the low ...

European car production could grind to a halt as early as the end of next week as a major chip shortage crisis deepens, making it potentially harder and more expensive to buy a car. In scenes ...

Used-car shoppers have faced a barrage of bad news lately, with a looming used-car shortage and prices that still remain higher than they were before the pandemic, but tax-season car sales may provide ...

Economists have warned that tariffs could result in issues that mimic those caused by the pandemic and chip crisis. This already appears to be playing out as CarFax says the “surge in used car prices ...

Price data on 3-year-old used cars shows a market with numbers similar to a couple of years ago when inventory was a ...

WORCESTER, Mass. — Across the country, car lots are sitting empty; supply chain and chip shortages are creating a backlog of production of both new and used vehicles like this country has never seen ...

Sales of used cars in the U.S. increased significantly in 2021, while the average price of a used car spiked in 2022. In recent years, the used car market has been impacted by the increase in the life ...

FAIR LAWN, New Jersey (WABC) -- It's being called the worst shortage of new cars in generations, caused by scarce supplies of semi-conductor chips that power cars' electrical systems. And as ...

A recent Consumer Reports article indicated that used car prices have been falling this year. The average price for a used vehicle in April was $28,550, 10% lower than the previous year. That decrease ...

CarMax stock was rising early Friday after the used-car retailer posted fiscal first-quarter earnings that beat analysts’ estimates. Still, a lack of used cars and high interest rates are making ...