used cars for sale? It will cost you (a lot)

The average consumer who is currently looking to buy a car should not believe his eyes. Finding an affordable new car almost turns into a treasure hunt or a nightmare.

And the used car market will not help.

“A used one, two or three years old is selling for 96% of that vehicle’s original sticker price,” told TheStreet Pat Ryan, CEO and founder of CoPilot, which tracks prices at car dealerships across the country. “It’s 96% of its cost when it was new if you just focus on 2019, which are the cars to rent.”

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