Used Car & Truck Prices Spiral Down Further in Historic Plunge, Surrender 60% of Stunning 2-year Spike

Prices of used cars, SUVs, pickup trucks, and vans that were sold at auctions across the US fell by 0.6% in June from May, and by 8.9% year-over-year, to $17,934, seasonally adjusted, the lowest since March 2021, having given up 60%, or $5,640, of the mindboggling $9,443-spike...