Sales of cars priced at or below $25,000 have fallen by nearly 80% in the last five years, according to the Kelley Blue Book.

Kelley Blue Book also calculates and provides values for the suggested price of an automobile at automaker-affiliated Certified Pre-Owned dealerships. Finally, a Fair Purchase Price tool provides a ...

Sure enough, Kelly Blue Book reported in late April on a real-time drop in wholesale used car prices, predicting that "retail prices are likely to fall once the pricier cars have all sold.

Used car prices dropped 3.5% year over year. But Tuesday also saw the release of data from provider Kelly Blue Book. That data showed that Americans paid an average of $47,401 for a new car ...