Used Car Prices Poised to Dip Amid High Gas Prices

T2Covered by 1 source · first reported by PYMNTS at 07 Oct, 18:51 UTC

New Cox Automotive projections show used car prices dipping more than previously expected. The forecast from the automotive industry data solutions company Wednesday (Oct. 7) comes as consumers continue to exhibit declining sentiment amid high interest rates and gas prices. Cox says it has lowered…