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Falling Used Car Prices 7/31/23

Your Money Minute

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Discussion on Decreasing Prices in the Used Car Market and Increased Inventory

The chapter explores the current trend of falling prices in the used car market, driven by an increase in supply surpassing demand, resulting in more value for buyers. Dealers are experiencing a surge in inventory due to higher production levels by automakers, offering consumers a broader range of vehicle choices.

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