A three-year-old car was the sweet spot for buying used cars, since they have passed the peak of depreciation. But they now average about $33,000.
Why Cheap Used Cars Are So Hard to Find
The New York Times – Business:
This post first appeared in The New York Times – Business. Read the original article.
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American Automobile Assn, Appraisals and Valuation (Property), Automobiles, Budgets and Budgeting, Consumer Behavior, Consumer Reports, Content Type: Service, Electric and Hybrid Vehicles, Oil (Petroleum) and Gasoline, Personal Finances, Prices (Fares, Fees and Rates), Shopping and Retail, Used Cars
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