DETROIT (AP) — A couple of months ago, a woman paid a visit to Jeff Schrier’s used car lot in Omaha, Nebraska. She was on a tight budget, she said, and was desperate for a vehicle to commute to work.
Summary
- A dealership sign is seen outside of Honda certified used car dealership in Schaumburg, Ill., Thursday, Dec. 16, 2021.
- (AP Photo/Nam Y. Huh)A dealership sign is seen outside of Honda certified used car dealership in Schaumburg, Ill., Thursday, Dec. 16, 2021.
- (AP Photo/Nam Y. Huh)DETROIT (AP) — A couple of months ago, a woman paid a visit to Jeff Schrier’s used car lot in Omaha, Nebraska.
- Last month, the average used vehicle price was 63% of the average new vehicle cost.
- Among the few consumers who stand to benefit are those who want to sell a used car and don’t necessarily need to replace it.