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The year starts with declined expectations for economic conditions and plans to make big purchases. Used cars, though, are among the top big-ticket categories under consideration.
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Survey finds increased concern about finances, jobs and inflation, reduced plans to buy big-ticket items
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Consumer bright spots don’t make up for erosion in other areas
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Average October prices barely skipped a beat from September’s records.
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Recent patterns show good credit helps navigate high interest rates as highly leveraged consumers sink further.
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J.D. Power poll find modest uptick but still much room for improvement on tech.
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December buying cut supply, though it’s still well above a year ago.
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Consumers get a three-fold break in October as affordability conditions take a turn for the better.
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October dawns much like October five years ago before Covid disrupted the market.
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Average payment at two-year low while income needed to buy the least in three-plus years.
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