Experts say new-car incentives are slowing down the once-steady increases in used-vehicle prices. Average used price is about 58% of average new-vehicle price. When that number goes over 60%, consumers often lean toward purchasing a new vehicle.
Experts say new-car incentives are slowing down the once-steady increases in used-vehicle prices. Average used price is about 58% of average new-vehicle price. When that number goes over 60%, consumers often lean toward purchasing a new vehicle.