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Kiplinger

Business

Ben Demers

Why Used Car Prices Are Rising After Months of Declines

United States CPI Kelley Blue Book

A price tag on a used car for sale.

Car buyers got a rude surprise on used car prices yesterday. April's Consumer Price Index report revealed that used vehicles are getting more expensive again after an uninterrupted decline since July 2022. Here's what happened, and what buyers can expect next.

The used car price rollercoaster

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