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AddUsed Car Prices Fall For The First Time In Years

Older cars seeing a dramatic decline, but newer used cars still expensive

The trend of rising used car values is reversing. USA Today reported that overall used-car prices fell 4.5% on average in April.

77Used Cars Contain Personal Information After Trade In

Your home, contacts and even garage door opener can stay programmed in a car after trading it in

Cars have gone from being simply modes of transportation to rolling personal electronic devices. You wouldn't resell your computer or smartphone with all of your personal information on it, shouldn't your vehicle get the same treatment?

AddValues of small used cars fall in lockstep with gas prices

The Detroit News reports used small-car prices are plummeting right along with fuel prices. The news comes courtesy of a National Automobile Dealers Association study, which says gas prices have dropped an average of 3.5 percent compared to last year. In yet another shocking reminder of just how short buyers' memories can be, analysts predict light trucks will take home the largest share of car sales this month. Even so, used car sales in general are expected to fall off by around two percent. T

66Values of small used cars fall in lockstep with gas prices

The Detroit News reports used small-car prices are plummeting right along with fuel prices. The news comes courtesy of a National Automobile Dealers Association study, which says gas prices have dropped an average of 3.5 percent compared to last year. In yet another shocking reminder of just how short buyers' memories can be, analysts predict light trucks will take home the largest share of car sales this month. Even so, used car sales in general are expected to fall off by around two percent. T

36Inmates, deceased among those who scored 2009 auto tax break

When Cash For Clunkers was announced in 2009, the federal government promised to keep close tabs on the vouchers that were paid out in exchange for clunkers. Problem is, the program led to 4.3 million taxpayers receiving $7.2 billion if vehicle deductions in the span of only a few months. So it should come as little surprise that some less-than-reputable deals passed through the C4C juggernaut, including vouchers for criminals in jail, dead people and children.

AddThis one's just fine, thanks; car owners putting 50,000 more miles on their cars

Lifecycle CO2 analysis. Higher miles per gallon ratings for new vehicles. End-of-life recycling. These things will matter to fewer and fewer people because, AutoMD has some interesting numbers out this week about how long people are keeping their vehicles these days. An online survey of car owners conducted in December and January found that about 77 percent plan on driving their current vehicles a total of 50,000 miles more than their previous vehicles. Considering the annual average for U.S. d

15STUDY: Used car prices reached all-time high in September

New car sales have been in a downward spiral for over a year now, and the big beneficiaries appear to be used cars (and repair shops). A study by Manheim Consulting shows that the company's Used Vehicle Value Index has risen to a record high of 118.5 in the month of September, up 1.8% versus August. That's the ninth straight increase this year, as Manheim's index has steamrolled northward by 6.9% over the past 12 months.

AddCarMax: interest in hybrids and diesels on the rise

Need further proof that interest in hybrid and diesel vehicles is directly linked to the average price for a gallon of gasoline? According to CarMax, the largest retailer of used cars in the States, searches for hybrid vehicles on its website are up four percent in June over May while diesel are even hotter with a seven-percent increase. Further, the used car retailer reports that visits to its Fuel Economy section are up by 17 percent.

11Some used cars going for more than new ones

The lagging sales of new vehicles has been well documented, forcing retailers and manufacturers to offer some pretty amazing deals just to move their metal. Sometimes, the price of a brand new car is so good that it doesn't make sense to purchase a used vehicle.

54As new vehicles sales fall, used car prices go up

The cynic in you might think that a rise in the price of used vehicles, just as new car sales are cratering worse than anyone can remember, is a not-so-transparent ploy to overcharge buyers. It turns out to be more a case of supply versus demand. Wholesale used car prices are bumping up as a result of sagging new car sales, according to auto auction company Manheim. Two-thirds of new car sales have a trade-in attached, which creates a supply stream of pre-owned vehicles to recycle onto dealer lo

71Used Prius prices higher than new model's

If vehicles could be sainted, stained-glass artists all over the U.S. would be busy figuring out the best colors for the Toyota Prius to shine in. Brand new examples of the motorized mollusk that everyone can't wait to buy spend just five days on dealer lots. Last year's model lasts just fifteen days more.

AddU.S. economy speeds up the used car market

How much per month are you willing to pay for your car? Rising gas prices and the worsening economy have many people reconsidering their automobile purchases. Think of it this way: if you had $400 budgeted per month for your car payment and gasoline, the more you spend to fill up, the less you have to pay for your car. These types of issues have been causing some car buyers who would normally purchase a new car to shop the used market instead. According to a recent survey by Wachovia, dealership

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