Huge bankruptcies for used car firms have exposed Wall Street’s entanglement with the sector. Far from derisking after the Great Recession, banks rebuilt the economy on obscure financial ...

Carvana (CVNA) shares were up on Monday after the used-car retailer was added to the S&P 500 (SP500). The stock is up about ...

After over two years of a demand freefall in the used car market, prices have suddenly increased, indicating a change. While the price increase isn't dramatic, it could hint at what consumers should ...

The upcoming 25 percent tariff on imported vehicles and parts is expected to create new pressure on the used-car market, potentially sending already high prices even higher as more shoppers find ...

Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.

For a while, it looked like used car prices were finally going down. After peaking in 2022 due to pandemic-driven supply shortages, prices dropped by 14.9% in 2023 from the prior year. But now, the ...

A buyer with $20,000 looking for a late model used car will have a hard time finding one. The average list price for a used 3-year-old vehicle is now $32,600, up nearly $9,500 since 2019. Some tips in ...

As tariffs raise uncertainty in the auto market, more buyers are turning to used vehicles, driving up prices and tightening supply, especially for budget-friendly options. The announcement of sweeping ...

A surge in subprime auto loan delinquencies, high-interest burdens and rising car ownership costs are pushing America's auto credit system toward a breaking point, with recent bankruptcies exposing ...

Despite billions in tariff costs for imported autos and parts, new car prices have stayed relatively flat. But the news isn’t as good for car owners taking their vehicles to the repair shop. The price ...

Car parts are expensive, but if you keep your vehicle long enough and adhere to a regular maintenance schedule, at some point, you'll have to replace certain components. Many car owners consider ...