I have never owned a new car and frankly never thought I would. But as I shop for a car now, I am struck by how little used cars are discounted relative to new. I was looking at one this morning, 3 years old, 50k miles on it, and only a few thousand less than the price of new.
It seems like in the the past, I got much better deals on used cars. Has there been a shift in the used car market? What is going on here?
It seems like in the the past, I got much better deals on used cars. Has there been a shift in the used car market? What is going on here?