Used-car prices are finally starting to fall from their pandemic peaks, but deals are still far away
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 you can truly get a deal on a secondhand vehicle.
And although prices appear to have peaked, it’ll be a long while before you’ll be able to pick up a secondhand set of wheels on the cheap, experts say.
Prices are finally dropping
After surging for months, wholesale used-vehicle prices went down between May and June, according to data from Manheim