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USED CAR BOOM: Valvoline CEO reveals what's driving the charge
Youtube· 2025-12-12 15:00
Fox Business Alert. New car prices are in overdrive. According to car market data provider Edmonds, the average monthly payment for a new vehicle is at an all-time high of $766.Again, average monthly payment. I know a lot of you are paying more. The average amount financed is also topping a record at $43,218.These costs are pushing car shoppers to the used car market in droves where Carvana, Autoation, and CarMax all operate. You can see all of them are trading higher month to date. We've got Carvana up 25% ...