Prices didn’t collapse, but the market became more normal: more cars showed up on dealer lots, prices moved in smaller steps, and timing mattered again.

Huge bankruptcies for used car firms have exposed Wall Street’s entanglement with the sector. Far from derisking after the Great Recession, banks rebuilt the economy on obscure financial ...

After over two years of a demand freefall in the used car market, prices have suddenly increased, indicating a change. While the price increase isn't dramatic, it could hint at what consumers should ...

Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.

The upcoming 25 percent tariff on imported vehicles and parts is expected to create new pressure on the used-car market, potentially sending already high prices even higher as more shoppers find ...

A buyer with $20,000 looking for a late model used car will have a hard time finding one. The average list price for a used 3-year-old vehicle is now $32,600, up nearly $9,500 since 2019. Some tips in ...

The used car market is shifting. Recent news from used car retailers Carvana and CarMax tells the story of two car industries in one. On the one hand, you have Carvana, the online retailer that allows ...

As tariffs raise uncertainty in the auto market, more buyers are turning to used vehicles, driving up prices and tightening supply, especially for budget-friendly options. The announcement of sweeping ...

Car parts are expensive, but if you keep your vehicle long enough and adhere to a regular maintenance schedule, at some point, you'll have to replace certain components. Many car owners consider ...

A surge in subprime auto loan delinquencies, high-interest burdens and rising car ownership costs are pushing America's auto credit system toward a breaking point, with recent bankruptcies exposing ...