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Used Cars Not Always Cheaper Than New, <em>Edmunds</em> Says
Edmunds.com
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Used Cars Not Always Cheaper Than New, Edmunds Says
Used cars are not always cheaper than new cars, especially when the economic climate is as unusual as it is now, according to Edmunds.
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But of course it's all a crap shoot in the end. As always, buyer beware.
Now something like a Lincoln Town car that depreciated 50% in 3 years is better value used.
Credit the price declines to healthy new car sales, which have resulted in more trade-ins showing up on used car lots. In addition, auto experts cited a surge in the number of leased vehicles being turned in to dealerships to be resold."
Lower used car prices signal a buying opportunity (kansascity.com)