In Cars Commerce’s most recent Industry Insights Report, industry and marketplace analytics principal David Greene noted the contrast between the steady used-car market with the relative volatility of ...
Car owners have a lot more money in their pockets these days thanks to gasoline prices that have fallen more than 37% since hitting an all-time high of $5.016 a gallon in June 2022. Read Next: ...
Experts say used car inventory has started to decline in the last couple of months as fewer off-lease vehicles return to the market — signalling a potential supply crunch.