Used Car Prices Increase Nearly Eight Percent to Hit Record High in Q2 2015, Says Edmunds.com | Reuters

PR Newswire

SANTA MONICA, Calif., Aug. 20, 2015

SANTA MONICA, Calif., Aug. 20, 2015 /PRNewswire/ -- The average used car sold in the http://www.ncdoj.gov/Consumer/Automobiles/Buying-a-Used-Car.aspx U.S. is getting younger and pricier, according to the latest Used Vehicle Market Report from car shopping destination Edmunds.com. According to the report, the trends suggest a shifting tide in used car inventories, which are skewing more toward newer off-lease vehicles and certified pre-owned (CPO) programs. Edmunds' analysis found that average used car prices hit a record high of $18,800 in the second qu