FILE - car lot, car sale dealership

(The Center Square) – Buying a used car in the Midwest got a little more affordable in May over the previous month.

The good news is that year-over-year price increases in used vehicles in May dropped seven percentage points from the year-over-year April price increases, from April’s 23.9% to May’s 16.9%. The bad news is a used car and truck in May 2022 still cost 16.9% more than a comparable used vehicle cost in May 2021.

Originally published on thecentersquare.com, part of the TownNews Content Exchange.

Locations

Recommended for you

comments powered by Disqus