With car sales in the U.S. increasing for seven straight years, it is having a negative impact on used car values. According to a report in Bloomberg, citing data from Black Book, the auto analytics company, the average used car saw 17 percent of the...
May 14, 2024
Carvana reportedly expects that as more new vehicles are built, the company’s used car business will benefit. “There will likely be much more car production, and that will probably bode well,” Carvana CEO Ernest Garcia III told reporters Tuesday (May 14) at an Automotive Press Association event near Detroit, Bloomberg reported Tuesday. Online car shopping guide Edmunds said in April that new […]
August 22, 2017
With car sales in the U.S. increasing for seven straight years, it is having a negative impact on used car values. According to a report in Bloomberg, citing data from...
