Used-car prices surpass $24K in June as supply improves

Used-vehicle supply was down 5% YoY in May, but up from April

© Can Stock Photo / happyalex

The average listing price for used vehicles surpassed $24,000 at the start of June, setting a record, as supply remained down 5% year over year at the end of May, but improved from April. Following May’s spring sales bounce, used-vehicle inventory levels began to level off in June after nearly a year of tightened supply […]

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