used cars

Carvana CEO: Interest rate cuts, price declines should make used vehicles more affordable

November 18, 2024 The Associated Press

DETROIT — Since it started selling cars in 2013, Carvana has disrupted the U.S. used vehicle market with no-haggle pricing and an online buying process that cuts out the often-dreaded salesman. CEO and co-founder Ernie […]

$29,000 for an average used car? Would-be buyers are aghast

January 10, 2022 The Associated Press

DETROIT — A couple of months ago, a woman paid a visit to Jeff Schrier’s used car lot in Omaha, Nebraska. She was on a tight budget, she said, and was desperate for a vehicle […]

Article

Some used vehicles now cost more than original sticker price

July 3, 2021 Tom Krisher, Associated Press

DETROIT — When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that […]