Updated July 21
Used-car prices slip from dizzying heights
But while demand has eased a bit, a steady flow of buyers could keep prices unusually high for a couple of years more.
By TOM KRISHER and MIKE HOUSEHOLDERAssociated Press
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Jessica Pitts sits behind the wheel of a 2019 Lincoln MKC on the lot of Jack Demmer Lincoln in Dearborn, Mich., on Monday. Pitts bought the used car at the dealership after the price was reduced a little.
Mike Householder/Associated Press
DEARBORN, Mich. — For months, anyone who wandered onto a dealer lot to look for a used car could be forgiven for doing a double take – and then wandering right off the lot.