Buying a used Toyota may not be the bargain you think it is anymore

If you’re shopping for a used car, get ready to pay more for less. Online car resource Edmunds found that the average price of a 3-year-old used car soared to $32,461 in the second quarter of the year, a record high for that time period. In a recent report, Edmunds explored how the used car market has “fundamentally repriced itself,” and how anyone shopping on the cheapest end of the pricing spectrum will feel that change the most. Back in 2019, cars priced under $20,000 made up 55% of all...