May New-Car Sales Boost Used-Car Inventory, Dropping Used-Car Prices 7% to $28,861, According to Cars Commerce May Industry Insights Report

On Average, Used Cars Cost About $20,000 Less Than New Vehicles — Largest Price Gap Since 2018 CHICAGO, June 13, 2024 /PRNewswire/ — Cars.com Inc. (NYSE: CARS) (d/b/a “Cars Commerce Inc.”), an audience-driven technology company empowering the automotive industry, today launched its May…