RAB Research Archive

Used car payments hit record $400 per month as prices top $20,000



Americans are spending more than ever for used cars. The average price of a used vehicle hit an all-time high for the third quarter of 2018, according to car-buying advice site Edmunds. At $20,084, the average price was up 3.5 percent from the same period a year earlier and up nearly 19 percent from five years earlier.

Source: Detroit Free Press



View or Download: https://www.freep.com/story/money/cars/2018/11/08/used-car-prices/1928840002/

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