Half Of All U.S. Households Priced Out Of Buying An Average-Priced Used Car

$29,011: That’s now the average used car price in the U.S., according to Edmunds.com. That’s up 42 percent from a year earlier. It also means that for the first time, more than half of all American households have less income than is considered necessary to buy the average-priced used car.

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