Car prices fall as inventories return to normal
By The Associated Press on June 27, 2012
DETROIT (AP) — New vehicle prices have dropped $500 on average in the past year, mainly because Japanese automakers have restocked dealers after car shortages in 2011, according to the Kelley Blue Book auto pricing service.
Models from Japanese automakers such as the Toyota Prius and Honda Accord have seen the biggest declines, while Detroit's models haven't dropped quite as much, KBB said Wednesday.
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