With the average transaction price of a new-vehicle hovering around $48,000, buying used is the best option for many of today's car buyers seeking an affordable alternative. Also, in the history of analyzing car prices, this is first time there has been a $20,000 gap between both the average new and used car pricing.
Alex Knizeck, Consumer Reports' associate director of auto test development joins Auto Trends with JeffCars.com, the longest running weekly syndicated multicultural automotive program in North America, for an engaging one-on-one conversation.
Consumer Reports' Alex Knizeck (Photo Credit: CR) |
The used car brand ranking encompasses five- to ten-year-old vehicles. Many will find the results from the study to be eye-opening. Being that the average used car these days list around $28,000, Consumer Reports helps consumers take the guess work out of finding both a reliable brand and model.
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