"Why used-car prices are rising so much"
I guess I'm just a poor negotiator because I couldn't get within three grand for the fair value of my 2007 car. Oh, well.
Auto experts say the run-up in used-car prices is abating, making this a good time to trade in a late-model used car (up to five years) for a 2012 vehicle.
"In terms of getting the best deal for a used car, right now is a good time," says Jeff Piol, pricing manager with Edmunds.