Why you can’t find a good used car at the right price

Source: Consumer Reports

If you're looking for a deal on a late-model used car, keep looking. Thanks to the continued slowdown in sales and leases of new cars (which become "used" the minute they're driven off of the showroom floor), the fact that people are holding onto their cars longer, and ongoing demand from value-conscious buyers who don't want to buy new, good used cars are going for higher prices than ever -- if you can even find one.

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