Want to dive deeper into the data shown in this video? Check out our guide on buying used and new in 2023: ⮕ https://caredge.com/guides/new-vs-used-car-in-2023 🚗 Compare auto insurance quotes and get the best deal with CarEdge: ⮕ https://caredge.com/insurance Cox Automotive Slideshow: ⮕ https://www.coxautoinc.com/wp-content/uploads/2023/05/April-2023-Monthly-Industry-Update-presentation.pdf 🚗 Join the CarEdge Community: ⮕ https://caredge.com/community 🚗 CarEdge's crowdsourced Dealer Reviews are BACK and better than ever: ⮕ https://caredge.com/deal-data-and-dealer-reviews 🚗 Get educated on buying a car with CarEdge's NEW & IMPROVED Deal School 3.0: ⮕ https://caredge.com/dealschool CarEdge Podcast: Daily News You Can Use ⮕ Spotify: https://open.spotify.com/show/5Mv58R6yJJnEDHZ5Zuy2SZ?si=33c98bb5bdf847a2&nd=1 ⮕ Apple: https://podcasts.apple.com/us/podcast/daily-news-you-can-use-from-yaa/id1521589583 Instagram ⮕ https://www.instagram.com/mycaredge TikTok ⮕ https://www.tiktok.com/@zachshefska Check out YAA/CarEdge Merch: ⮕ https://shop.joinyaa.com Ray and Zach explain why buying new might be a better option than buying used in this car market, completely upending the conventional wisdom of the industry!