Robert Spendlove
Getting behind the wheel of a car has become more affordable — for the most part. New and used car prices are down, while inventory levels are up. Car-related costs like maintenance, repair and gas have all improved over the past year.
The price of used cars and trucks tumbled 10.4 percent from August 2023 to August 2024, while the price of new cars and trucks dropped 1.2 percent, according to the latest Consumer Price Index. Electric vehicle prices have fallen even further, a result of carmakers overestimating consumer appetite for Please log in to see the rest of this story.
