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Figures based on latest Kelley Blue Book average transaction price data.
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Carmaker blames supply-chain issues, inflation for nearly 11% increase.
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iSeeCars research finds prices of battery-electric vehicles (BEVs) rose 54.3%, while used internal-combustion-engine (ICE) vehicle prices rose 10.1%.
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General Motors has asked its dealers to help prevent customers from quickly flipping high-demand vehicles and adding high markups.
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Data from Black Book shows an increasingly large disparity between car and truck depreciation patterns, with smaller cars experiencing the most depreciation during June.
Read More →The average price of a used vehicle dipped slightly in May, according to Black Book. Analysts with the firm said they expect higher depreciation between now and the end of the year.
Read More →Most car shoppers don't fixate on a rock-bottom price, especially if they can avoid long and tense negotiations with fair upfront pricing, according to a report from Edmunds.com.
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