Consumers paying average $10,000 above ‘normal’ prices for used cars

Jim Watson | AFP | Getty Images It’s no secret that used-car prices have skyrocketed over the last two years amid an industry turned upside down by supply-chain issues and reduced new-car inventory. But how much extra are consumers paying? An average of $10,046 more — 43% — than if typical depreciation expectations were in …

Consumers paying average $10,000 above ‘normal’ prices for used cars Read More »