#Used Cars


It's the best time to buy a used car in 16 months — just don't take out a big loan

Over the past few years, record used-car prices have become emblematic of the sky-high inflation across the U.S. While this is finally changing, many car buyers may be forced to continue waiting on the sidelines. Per Cox Automotive's Manheim Used Vehicle Value Index, which tracks the wholesale prices of used...
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Things Are Looking Worse Than Ever For Used Cars Seller Carvana As Stock Price Crashes

Carvana's financial decline continues as investors are now consulting with lawyers and investment bankers regarding their next steps. Per Bloomberg, Carvana is burning through cash at a rate in which its future solvency is now under threat. Plunging used car prices and overpaying for those vehicles in the first place is what mainly caused the company, made famous for its so-called "vending machines," to be in its current state.

Doc’s Toyota has made it official

PHILADELPHIA, Miss. (WTOK) - Doc’s Toyota has been open for a couple of months now, but on December 8, the city of Philadelphia and Neshoba County wanted to welcome this new business with a ribbon cutting ceremony. Doc’s Toyota is extremely excited to be in a city where local...

Wholesale Used Car Prices Are 15.6 Percent Lower Than They Were In January

It sucks to be in the market for a car these days. High MSRPs and even higher dealer markups make a lot of new cars unreachable for a lot of buyers, which has increased demand for used cars. As a result, pre-owned prices have shot up as well. For the first time in a while, though, we have some good news about used car prices.
Truth About Cars

Used Car of the Day: 2007 Nissan Frontier

Nissan's Frontier didn't change much from 2005 until 2021. The D40 generation just quietly soldiered on forever until it was redone for 2022. This owner has a 2007 Frontier with 171,000 miles on it and an automatic transmission. It's a 4x4 with a short bed, a sunroof, and heated seats.

What Are Your Best Used Car Buying Tips?

Winter is upon many of us (we’re jealous of you Aussies and Saffers) and to that end, many are on the hunt for a used car. While buying a second-hand car certainly isn’t season-dependent, it’s a lot less OK to break down when temps are frigid outside. With that in mind, what are your top used-car-buying tips?

8 Cars In David Beckham's Collection That Prove He Has Great Taste

David Beckham is one of the world's most famous soccer players (or footballers, depending on which side of the pond you're from), and his success on the pitch has helped him earn hundreds of millions of dollars over the years. He's spent a portion of that money buying a fleet of luxury SUVs, rare classics, and cutting-edge supercars, like many elite athletes tend to. However, what sets Beckham apart from his peers is that he's been a car enthusiast since he was a teenager, saying in an interview with GQ, "as soon I turned 17, life was all about passing my driving test. It was the first thing I really wanted to do."

Poor-credit consumers are constrained the most by the current auto market

As supply chain disruptions stall the production of new cars globally, used-car inventory is getting more expensive. In Florida, borrowers are financing an average of $37,778 for a new vehicle and $28,329 for a used vehicle in Q3 2022, according to data requested from TransUnion. Melinda Zabritski, the senior director...

Used car prices, demand dropping as high interest rates settle in

With interest rates continually rising, the wholesale cost of used cars continues to drop. According to the Manheim Used Vehicle Index, costs have dropped about 16% from January. The index uses pricing trends by wholesalers to determine costs. From November 2021 through November 2022, there has been a 12.4% drop in costs.
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Getaround Stock Crashes After Carsharing Company Goes Public in SPAC Deal

Carsharing company Getaround saw its share value drop by as much as 65% in its public market debut after merging with a blank-check company. That drop is not only reflective of current market conditions, but also the chilly environment for both SPACs and rideshare-related companies like Lyft and Uber. Getaround,...

2022 Nissan Frontier Pro-4X test drive review

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