When you think of a flying car, you imagine a car taking off in the middle of the road and hovering across the city. It’s something science fiction movies have been obsessed with for as long as the genre has existed. More importantly, people have been trying to turn this […]
Finally
The old-fashioned way to buy a car. REUTERS/Carlos Barria Used vehicle prices went up just 0.2% last month after three months of record increases. The price is still up more than 40% over last year, US government data show. Actual relief may be a long way off due to supply […]
The scorching used car market is showing signs of slowing down, according to an executive at one of the top auto retailers in the U.S. “New car inventories are going to get better progressively over the next few months as we get to the end of the year,” Jeff Dyke, […]
By Peter Valdes-Dapena, CNN Business For months, used car prices have been soaring at an unprecedented rate. That has led to some strange situations, like people selling used pickup trucks for more than they bought them for a year ago and even cars with more than 100,000 miles gaining a […]
Used-car prices will only truly get back to normal once new-car prices come down. David Zalubowski/AP Used-car prices have shot through the roof in the past year. The market may have finally peaked and prices are slowly returning to normal. But it could still be more than a year before […]
In 1977, when Edgar Anderson was just eight years old, his father – also named Edgar – purchased a 1969 Dodge Super Bee that was located in Jamestown, New York, for just $750. Edgar lived in Chicago with his mother, and his father did not live close so he would […]