10/26/2021
This year, used vehicle prices have risen to historical amounts. However, Edmunds data reveals that the average transaction price for all used vehicles decreased, dipping to $26,308 in August compared to $27,245 in July, a drop of 3.4%. Experts are saying that there is decline in demand, which has caused declines in prices.
https://www.edmunds.com/industry/press/used-car-values-show-signs-of-cooling-down-after-a-period-of-record-highs-according-to-edmunds.html