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Used car prices are falling — but monthly payments are spiking as Fed hikes rates

Por: MarketWatch Politics November 19, 2022

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The firm expects monthly car tabs to keep increasing, touching $570 by the end of the year, with the trend continuing in 2023. “There’s been a marked shift in consumer and dealer sentiment about where the used vehicle market is headed as we close out the year,” wrote Dale Pollak, the executive vice president for Cox Automotive and the founder of VAuto, a platform that provides live market views to new and used inventory management for the... + full article



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