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Used-car price tumble spells trouble for the U.S. auto market

KEITH NAUGHTON | BLOOMBERG | 3 hours ago

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Falling used-car prices last month were a major contributor to subdued inflation for the U.S. economy. Auto analysts warn this could be a lasting trend with major negative implications for new-vehicle demand.



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Used-car price tumble spells trouble for the U.S. auto market

KEITH NAUGHTON | BLOOMBERG | 3 hours ago

[https://cpt--static-gannettdigital-com] [https://cpt--static-gannettdigital-com] [https://cpt--static-gannettdigital-com] [https://cpt--static-gannettdigital-com]

Falling used-car prices last month were a major contributor to subdued inflation for the U.S. economy. Auto analysts warn this could be a lasting trend with major negative implications for new-vehicle demand.



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It wasn't me ! Last month, I sold my 2018 Camry LE and bought a 2017 SE ! Best move I ever made.... What happens when it clunks out in 8 years I dread to think, coz the cars are just getting lower and cheaper and worse ...
 
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