USA TODAY – Used car payments hit record $400 per month as prices top $20,000

Americans are spending more than ever for used cars.

The average price of a used vehicle hit an all-time high for the third quarter of 2018, according to car-buying advice site Edmunds.

At $20,084, the average price was up 3.5 percent from the same period a year earlier and up nearly 19 percent from five years earlier.

https://www.usatoday.com/story/money/cars/2018/11/08/used-car-prices/1928840002/

%d bloggers like this: