A used car dealer is sounding the alarm about the state of the car industry, warning that dealers are going out of business at an alarming rate. His concerns stem from what he's witnessing firsthand: ...
A well-maintained, high-mileage older car can easily be a better value and a more dependable vehicle than a neglected, low-mileage younger one.
Price data on 3-year-old used cars shows a market with numbers similar to a couple of years ago when inventory was a challenge.
If you're in the market for a pre-owned vehicle, buckle up: the "used-car deal" you expected isn't quite showing up.