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Used car prices drop 14.2% due to influx of new cars, higher borrowing costs
1 month ago - By Natural News
User car prices this year are down 14.2 percent compared to 2021, according to the Used Vehicle Value Index by the car auction company Manheim. This is the largest used car price dive ever based on the firm's data. According to auto service organization Cox Automotive, the continued hike in borrowing rates and...
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