Good and bad news about used car prices: lower, but not much lower

The used car market is improving, and it’s doing it defiantly.

Some signals indicate that prices should be rising. But they aren’t.

Car dealers paid 1.6% less for used cars at auction in the first 15 days of November. Wholesale prices were down 5.3% from a year ago. That comes even though dealers have fewer used cars to sell than they’d like.

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