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3 Cars for Beginner Drivers Under Rs 4 lakh » MotorOctane

Posted on 19/09/2024

Are you a new driver planning to buy a car on a budget? Then a used car is better for you than a new car. A used car would have already been depreciated in its life cycle making it cheaper to own and make a profit when you decide to sell it back after a couple of years. Here are 3 used cars options that would perfectly fit for beginners.
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Maruti Suzuki Swift

The first car on the list is the Maruti Suzuki Swift. A popular hatchback in

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Auto Trader used car prices fall for third month in a row as EVs continue to struggle – Car Dealer Magazine

Posted on 03/09/2024

Auto Trader has reported another fall in used car prices with values plummeting for the third month in a row.

The firm has today (Dec 4) published its monthly Retail Price Index, which shows that the average price of a used car on its platform stood at £17,319 in November.

Auto Trader said used car prices advertised on its platform fell 2.5% in November, compared to October.

Compared to November last year, used car prices are down 3.8% and they have now fallen every month since August.

The result flies in the face of data published earlier today by Motors

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Used-Car Shoppers Are Getting a Break As Prices Fall—Unless They Need A Loan

Posted on 14/08/2024

Key Takeaways

Used car prices fell 5.5% over the 12 months ending in the third quarter, as the pandemic’s aftershocks on the auto market have faded.
The supply chain disruptions that made prices skyrocket in 2021 have diminished, although prices remain far above pre-pandemic levels.
Even as prices have gone down, car buyers’ budgets are still strained by high interest rates on auto loans.

Good news if you’re in the market for a used car: Prices have dropped from absurdly expensive to merely extremely expensive over the past year.

Used cars sold for 5.5% less on average over the 12

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Used car prices are high but expected to stabilize in 2024

Posted on 14/08/2024

Used cars for sale at Lee Auto Mall on Wednesday, August 16, 2023. (Staff photo by Brianna Soukup/Portland Press Herald via Getty Images)

Brianna Soukup | Portland Press Herald | Getty Images

DETROIT — Used vehicle prices are expected to stabilize this year, after buyers of pre-owned cars and trucks got more relief in 2023 following a stretch of record prices.

Automotive data firm Cox Automotive expects wholesale prices on its Manheim Used Vehicle Value Index, which tracks prices of used vehicles sold at its US wholesale auctions, will end 2024 only 0.5% higher than in December 2023. Pricing will

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