US Used Car Prices Rise for First Time in Five Months
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US used car prices rose 1.3% in November 2025, marking the first increase in five months. Non-EV prices increased by 1.3%, while EV prices jumped 2.3% after the EV tax credit expired. Luxury segment prices rose 2.9%, outperforming the market. Compact and midsize cars saw declines. Lower APR rates and expected higher tax refunds may boost the auto market, according to Jeremy Robb from Cox Automotive.
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