Karl Brauer Weighs In On Declining Used Car Pricing Trends

The drop in used car pricing is making it slightly easier for buyers to find affordable options. In today’s episode of CBT Now, Karl Brauer, Executive Analyst at iSeeCars.com, examines the trends in the used car market and what dealers should expect moving forward.

Today, the average price of a used car is around $32,000, which is down about 4.7% year over year. This is an excellent drop for consumers who have been waiting to purchase a vehicle. However, these prices are still well above pre-pandemic levels.

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