, with prices up 7.1% from the previous year, according to the most recent consumer price index from the Labor Department. Prices in June — after briefly declining in April and moderating in May — surged again, jumping 2.2% on a monthly basis.
The trend is particularly evident in "nearly new" cars that are between 1 and 3 years old. In June, these types of vehicles were listed at an average price of $42,314, an all-time high. That is 1% higher than the increase recorded in May and about 45% – or roughly $13,145 – above projected normal levels.
Wowzers….I will sell you my used car for only $8,000 more than “normal”
Yikes 😬
Stagnation?
Too Funny conservatives bitching & screaming about things nobody's doing & blaming Democrats for things that ain't happening nowhere. It's called projectional hallucinations
Why I am still driving my 02 Dodge PU. 130,000 and no issues.
I sold mine to Carvana for over 3k more than I paid for it a little over 2 years ago.
Welcome to last year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Car Car Latest News, Car Car Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Used McLaren P1 GTR for saleThe McLaren P1 GTR Without road-car regulations to hold it back, the P1 GTR pushes everything to the limit. Available only to P1 owners, production of the track-focused GTR began upon completion of the 375th and final road car. The mid-mounted powerplant has an output of 1,000PS (986bhp) and includes an ERS-style push-to-pass system. The large fixed rear wing features a Formula 1 derived Drag Reduction System and the wing mirrors have been repositioned to the A pillars to put them closer to the eye line of the driver and reduce aerodynamic drag. The car sits at a fixed ride height on race-prepared suspension over 19-inch motorsport alloy wheels. Below the rear wing is the exposed, centrally mounted inconel and titanium alloy exhaust. This all new straight cut twin pipe design has been developed exclusively for the GTR. McLaren P1 GTR ownership can include participation in driving events at some of the world’s most iconic circuits with specialist vehicle support. Also available is access to McLaren racing simulators with driver training from experts that have helped develop and train Formula 1 champions. In addition, exclusive consultations with the McLaren driver fitness team and Design Director Frank Stephenson are included in the programme. Together with one of the most exciting track-focused cars ever developed, the programme offers unprecedented access to the technologies, resources and people throughout the McLaren Technology Centre. Every experience is unique and tailored specifically for each participant.
Source: PistonHeads - 🏆 553. / 51 Read more »
Used Mercedes W124 E500 /// Excellent Condition /// Evo II Wheels /// FSH /// 94k Miles for saleFOR SALE: The ultimate 90s Q-car, a stunning facelift example with full service history and just 94k miles. VIEWINGS WELCOME BY APPOINTMENT ONLY /// ADDITIONAL PHOTOS AND VIDEOS AVAILABLE UPON REQUEST EQUIPMENT Blue-Black Metallic paintwork, Anthracite leather upholstery, 4-speed switchable automatic transmission, 17-inch Evo II (E500 Limited) alloy wheels, Heated and electric Recaro front seats with memory, Electric tilt/slide sunroof, Electrically adjustable steering column, Automatic air conditioning, Electric windows, Electric door mirrors, Front central armrest, Mercedes cassette radio, Heat-insulating glass, Wood veneer interior trim, Tinted rear windows, Headlamp washer system, Infrared remote central locking, Mercedes tool roll, Spare keys. EXTERIOR Hand assembled at Porsche in limited numbers and endowed with a powerful 5-litre V8, the E500 is one of the ultimate 90s Q-cars. Beautifully finished in timeless Blue-Black Metallic, this particular example – one of only 1,855 facelift cars – presents in excellent condition throughout. The paintwork has just been treated to a full machine polish by our in-house detailer and thus maintains a deep, uniform shine with no unsightly swirl marks or signs of previous poor repair. Aside from a handful of light frontal stone chips and one small mark on the edge of the offside rear door there are very few blemishes to report and, having resided on Japan’s unsalted roads since new, there is no rust to be found in any of the common weak spots. All the lights are clear and damage-free, and the anodised trims present with an excellent shine. INTERIOR A treat for surely any Mercedes-Benz enthusiast, the E500’s well-equipped interior does not disappoint. Boasting heated and electric Recaro front seats, climatic air conditioning, fine wood trim, and that quality fit and finish 90s Mercedes are so well known for, it’s a superb place to be. The seats are without any major wear and the leather still feels soft to the touch. Having c Has anyone ever fitted the W211 E55 engine into an E500?
Source: PistonHeads - 🏆 553. / 51 Read more »