After three years of dramatic growth, the average price of used cars and light trucks will rise a modest 1 percent to almost $14,500, the National Automobile Dealers Association (NADA) Used Car Guide predicts in its latest special report.
This is part of a continuing trend of decreased prices for used vehicles. During the two-year period from 2009 to 2011, the average price of used vehicles up to 8-years-old increased by 19.7%, or $2,356. But from 2010 to 2011, the average price increased 7.6%.
Click here to read the report: NADA Used Vehicle Price Forecast: Winter/Spring 2012-2013
