Used-car prices climbing with demand

Used-car prices are climbing along with greater demand, making an important decision even more stressful. A study by iSeeCars.com showed the average used-car price in June rose $7,583, or 32.7%, compared to last year. That followed a 26.4% year-over-year increase in May. Industry analysts say it’s the result of shrinking inventory caused by the decline in new-car production that is pushing more shoppers to opt for used vehicles.