Rising used car prices is good news for Slate!

cadblu

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According to the latest Edmunds Used Car Report, the average transaction price for a 3-year-old used vehicle has reached $30,522. That’s up 2.3% from the same time last year and marks the first time since mid-2023 that this number has climbed back over the $30,000 mark.

If the current trend continues into next year, this makes an even stronger affordability case for Slate. This essentially means that a brand new vehicle under full warranty can be had for ~$5k less than used. Assuming, of course, the Slate’s “mid twenties” target is met.
 

Letas

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Good news for Slate but bad news for consumers…. The goal should be the opposite!
 
 
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