Tag Archives: glut

Used-vehicle prices falling amid glut

The average used car lost 17 percent of its value in the past 12 months, dropping from $18,400 to $15,300, according to data from Black Book, an auto analytics company.¬†Photo credit: DAVID PHILLIPS Car sales in the U.S. have been rising for seven consecutive years now, and it’s denting the value of whatever is currently parked in your garage or ... Read More »