Used car prices drop after record-high pandemic prices
Used car prices drop after record-high pandemic prices
Jan 23, 2023
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The cost of buying a used car has dipped to 7% this third quarter — the worst decline since the beginning of the pandemic, data compiled by vehicle-auction company, Manheim, reveals. While low prices may sound appealing to people hoping to buy a used car, investors are ringing the alarm in fear that the country's struggling economy will ultimately lead to more repossessions. #supplychain #cars #usedcars | NewsNation
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