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The once-tumultuous used car market, characterized by record-high prices and limited options, has begun to exhibit signs of a significant shift. Prices are now decelerating, presenting both challenges and opportunities for buyers. This article delves into the key factors driving this change and aims to guide you through the crucial decision of whether to seize the current landscape or wait for potentially better deals.
a year ago

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More in finance

Thursday: GDP, Unemployment Claims, Pending Home Sales

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Gross Domestic Product, 4th quarter and Year 2024 (Advance estimate). The consensus is that real GDP increased 2.6% annualized in Q4. initial weekly unemployment claims report will be released. The consensus is for a increase to 228 thousand from 223 thousand last week. Pending Home Sales Index for December. The consensus is for a 1.0% decrease in the index.

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Inflation Adjusted House Prices 1.1% Below 2022 Peak; Price-to-rent index is 7.8% below 2022 peak

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