Cost of used cars going down while while new car prices keep climbing скачать в хорошем качестве

Cost of used cars going down while while new car prices keep climbing

After rising to record levels, used car prices are starting to fall. Full story: https://www.wral.com/used-car-prices-... They dropped 4.3% in September according to the Consumer Price Index, South Region report. That dip was by far the biggest change of 2022. This price drop is enough to cover the rise in interest rates this year. n December of 2021, if you bought a $20,000 car, putting $2,000 down and using the 36-month loan rate of 4.39%, you’d pay $22,944. Punch the current loan rate of 5.87% into that equation and you’ll pay $23,375, that’s $431 more than if you bought in December. But knock 4.3% off the cost of a $20,000 car and you save $860. However, that price drop is an average and there are still cars with certain qualities that will be more expensive. "Typical of this time of year, they’re dropping," auto dealer John Hiester said about used car prices. "I’d say they’re dropping a little faster now." Subscribe to WRAL:    / wral5   Follow WRAL: Facebook:   / wraltv   Twitter:   / wral   IG:   / wral   About WRAL-TV: WRAL is your Raleigh, North Carolina news source. Check out our videos for the latest news in Raleigh, local sports, Raleigh weather, and more at https://WRAL.com #localnews #northcarolina