President Biden has openly celebrated recent inflation reports, and Federal Reserve officials have also breathed a sigh of relief as rapid price gains show signs of losing steam.But the pressing […]
Used Cars
Trending topics and news from the Used Cars category
Back to news homeInflation Persists and Car Prices Are a Big Reason
Car prices soared after the coronavirus lockdowns, and two years into the United States’ worst inflationary episode since the 1980s, the industry demonstrates that getting back to normal will be […]
Falling Used-Car Demand Puts Pressure on Carvana and Other Dealers
About a year ago, the used-car business was a rollicking party. The coronavirus pandemic and a global semiconductor shortage forced automakers to stop or slow production of new cars and […]
How the Car Market Is Shedding Light on a Key Inflation Question
In a recent speech pointedly titled “Bringing Inflation Down,” Lael Brainard, the Federal Reserve’s vice chair, zoomed in on the automobile market as a real-world example of a major uncertainty […]
Inflation Cooled in July, Welcome News for White House and Fed
Inflation cooled notably in July as gas prices and airfares fell, a welcome reprieve for consumers and a positive development for economic policymakers in Washington — though not yet a […]
Electric Cars Are Too Costly for Many, Even With Aid in Climate Bill
Policymakers in Washington are promoting electric vehicles as a solution to climate change. But an uncomfortable truth remains: Battery-powered cars are much too expensive for a vast majority of Americans.Congress […]
Climate Bill ‘Transformative’ for Auto and Energy Industries
“A big swath of middle-class Americans will be able to get this credit that otherwise would have been blocked out because of the credit limit,” said Joe Britton, executive director […]
Few Cars, Lots of Customers: Why Autos Are an Inflation Risk
Mr. McCabe does not think that car inventory will ever fully rebound: Dealers and automakers have learned that they make more money by effectively making cars to order and running […]
Leasing a Car? Here’s Why You Can Get a Good Deal if You Buy.
For drivers with leases, the gap between the projected price and current market price may be substantial. The auto search website iSeeCars recently compared current prices for three-year-old cars and […]
Why Manheim Used Vehicle Index is Wall St.’s Leading Inflation Indicator
The hottest ride on Wall Street right now is the humble used car.The cost of clunkers and dealership trade-ins has suddenly become market-moving information, with analysts, economists and traders fixating […]