Latest news with #Drury
Yahoo
2 days ago
- Automotive
- Yahoo
Used car prices hit record highs in 2025: What buyers need to know
According to a new report from auto industry experts, used cars are more expensive than they've been in years. A May 22 report from Edmunds indicated that in the first quarter of 2025, the average transaction price for used cars 3 years old or less jumped above $30,000 for the first time since 2023. The price of lightly used vehicles closed in on the average sales price of brand-new cars, making it just $17,000 less expensive to buy used, rather than new. That is the narrowest difference between new and used car prices since 2022, Edmunds reported. The report also indicates that the average age of vehicles traded in has grown from 7.3 years old to 7.6 years old in the span of a year. The shifts, which indicate a tougher market for potential buyers, may result from the aftereffects of the pandemic-era semiconductor chip supply shortage, coupled with tariff-related anxieties among buyers. The leap in used car prices can be attributed in part to the semiconductor chip shortage from the COVID-19 pandemic, the report said. The supply shortage of new cars several years ago is resulting in a smaller inventory of used cars now. Leasing dropped sharply in 2022 and 2023, meaning fewer 3-year-old used cars are returning to dealerships in 2025. As supply shrinks, price goes up. Why used car prices are rising in 2025: What every buyer needs to know Ivan Drury, the author of the report at Edmunds, told the Free Press that the market conditions of 2022 and 2023 led to a natural shrinkage of lightly used cars in today's economy. "Not only has it just outright reduced volume, but leasing penetration rates took a dump," Drury said. "They were like the lowest we had seen in 10 years. ... So, naturally, we are going to see a deficit in this vehicle type from the very get-go." While the changes in the used car market may strain some buyers' wallets, the market may be advantageous for drivers who leased a new vehicle in the last three years. Dealers seeking to grow the amount of lightly used cars on their lot may be paying more as they return at the end of their leases. The report notes: "3-year-old lease-return values are coming in higher than automakers originally forecasted — offering some drivers unexpected trade-in advantages." While supply shortages of years past affect the supply of used cars now, experts at Edmunds predict the looming supply strain from President Donald Trump's tariff plans may create a similar stir in the market. The report cites the early 2020s as a "historical precedent and a likely guide to the complications ahead," as Trump and automakers go back and forth on the future of automotive tariffs. Drury added that the instability in the auto market now will affect future used car markets, much like what is happening with COVID-19-era vehicles. "We're repeating this cycle over and over," Drury said. In his report, Drury predicts that there may be a larger range of resale values, as already-imported foreign models are expected to be met with higher demand than their brand-new counterparts and pre-owned American-made vehicles. If tariffs tighten new vehicle inventory, "spillover demand could once again inflate values of used vehicles, particularly for near-new models," Edmunds said. If the used car market is too volatile, skirting tariffs with an American-assembled new car may not assuage any concerns, either. A separate report from indicates that American-made vehicles are more expensive than imported vehicles. Through the first quarter of 2025, reported that cars assembled in the United States had the highest average price point at $53,000, making them more expensive than the overall average price of a new car at $49,000. According to Drury, the reason for steeper prices among American-assembled cars is that the larger, more expensive cars in the American market are assembled here. "It's the vehicle types that bring up that average," Drury said, noting that larger, more expensive vehicles like trucks and SUVs are manufactured in the United States. With prices shifting upward, the best time to buy a car has already passed, Drury said: "I'd say that was yesterday." Contact Liam Rappleye: LRappleye@ This article originally appeared on Detroit Free Press: Used car prices hit record highs in 2025: What buyers need to know Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Advertiser
3 days ago
- Sport
- The Advertiser
Former AFL player cops secret ban in SA state league
A former AFL player was secretly banned from a state league match for making inappropriate comments about a female. Blake Drury, who played 10 AFL games for North Melbourne before joining Adelaide's SANFL side this season, was picked to play in a game between South Australia and Western Australia's state leagues. But at a promotion for the May 17 state game, Drury and another player, Central District's Aiden Grace, were caught on video making "unacceptable" comments about a SANFL female staffer. The staffer discovered the comments when editing footage. The pair were suddenly withdrawn from SA's team for the state game - no reason was given at the time but it has now emerged the duo were secretly banned for one game by the SANFL. The Crows, in a statement, said they were "angered" at the incident and supported the SANFL's sanction. "Adelaide Football Club can confirm one of its SANFL-listed players was sanctioned for making inappropriate comments about a SANFL staff member," the Crows said. "The club is extremely disappointed and angered by the incident, and it endorsed the SANFL's sanction." Drury, who was delisted by North Melbourne at the end of last season, has been sent for counselling and an education program, the Crows said. The 21-year-old nominated for the AFL mid-season draft on Wednesday night but was overlooked. The SANFL said the comments about the female staffer represented "unacceptable conduct". "We were extremely disappointed by the inappropriate comments made by the players and continue to provide support to our staff member impacted," the state league said. A former AFL player was secretly banned from a state league match for making inappropriate comments about a female. Blake Drury, who played 10 AFL games for North Melbourne before joining Adelaide's SANFL side this season, was picked to play in a game between South Australia and Western Australia's state leagues. But at a promotion for the May 17 state game, Drury and another player, Central District's Aiden Grace, were caught on video making "unacceptable" comments about a SANFL female staffer. The staffer discovered the comments when editing footage. The pair were suddenly withdrawn from SA's team for the state game - no reason was given at the time but it has now emerged the duo were secretly banned for one game by the SANFL. The Crows, in a statement, said they were "angered" at the incident and supported the SANFL's sanction. "Adelaide Football Club can confirm one of its SANFL-listed players was sanctioned for making inappropriate comments about a SANFL staff member," the Crows said. "The club is extremely disappointed and angered by the incident, and it endorsed the SANFL's sanction." Drury, who was delisted by North Melbourne at the end of last season, has been sent for counselling and an education program, the Crows said. The 21-year-old nominated for the AFL mid-season draft on Wednesday night but was overlooked. The SANFL said the comments about the female staffer represented "unacceptable conduct". "We were extremely disappointed by the inappropriate comments made by the players and continue to provide support to our staff member impacted," the state league said. A former AFL player was secretly banned from a state league match for making inappropriate comments about a female. Blake Drury, who played 10 AFL games for North Melbourne before joining Adelaide's SANFL side this season, was picked to play in a game between South Australia and Western Australia's state leagues. But at a promotion for the May 17 state game, Drury and another player, Central District's Aiden Grace, were caught on video making "unacceptable" comments about a SANFL female staffer. The staffer discovered the comments when editing footage. The pair were suddenly withdrawn from SA's team for the state game - no reason was given at the time but it has now emerged the duo were secretly banned for one game by the SANFL. The Crows, in a statement, said they were "angered" at the incident and supported the SANFL's sanction. "Adelaide Football Club can confirm one of its SANFL-listed players was sanctioned for making inappropriate comments about a SANFL staff member," the Crows said. "The club is extremely disappointed and angered by the incident, and it endorsed the SANFL's sanction." Drury, who was delisted by North Melbourne at the end of last season, has been sent for counselling and an education program, the Crows said. The 21-year-old nominated for the AFL mid-season draft on Wednesday night but was overlooked. The SANFL said the comments about the female staffer represented "unacceptable conduct". "We were extremely disappointed by the inappropriate comments made by the players and continue to provide support to our staff member impacted," the state league said.
West Australian
3 days ago
- Sport
- West Australian
Former AFL player cops secret ban in SA state league
A former AFL player was secretly banned from a state league match for making inappropriate comments about a female. Blake Drury, who played 10 AFL games for North Melbourne before joining Adelaide's SANFL side this season, was picked to play in a game between South Australia and Western Australia's state leagues. But at a promotion for the May 17 state game, Drury and another player, Central District's Aiden Grace, were caught on video making "unacceptable" comments about a SANFL female staffer. The staffer discovered the comments when editing footage. The pair were suddenly withdrawn from SA's team for the state game - no reason was given at the time but it has now emerged the duo were secretly banned for one game by the SANFL. The Crows, in a statement, said they were "angered" at the incident and supported the SANFL's sanction. "Adelaide Football Club can confirm one of its SANFL-listed players was sanctioned for making inappropriate comments about a SANFL staff member," the Crows said. "The club is extremely disappointed and angered by the incident, and it endorsed the SANFL's sanction." Drury, who was delisted by North Melbourne at the end of last season, has been sent for counselling and an education program, the Crows said. The 21-year-old nominated for the AFL mid-season draft on Wednesday night but was overlooked. The SANFL said the comments about the female staffer represented "unacceptable conduct". "We were extremely disappointed by the inappropriate comments made by the players and continue to provide support to our staff member impacted," the state league said.
Perth Now
3 days ago
- Sport
- Perth Now
Former AFL player cops secret ban in SA state league
A former AFL player was secretly banned from a state league match for making inappropriate comments about a female. Blake Drury, who played 10 AFL games for North Melbourne before joining Adelaide's SANFL side this season, was picked to play in a game between South Australia and Western Australia's state leagues. But at a promotion for the May 17 state game, Drury and another player, Central District's Aiden Grace, were caught on video making "unacceptable" comments about a SANFL female staffer. The staffer discovered the comments when editing footage. The pair were suddenly withdrawn from SA's team for the state game - no reason was given at the time but it has now emerged the duo were secretly banned for one game by the SANFL. The Crows, in a statement, said they were "angered" at the incident and supported the SANFL's sanction. "Adelaide Football Club can confirm one of its SANFL-listed players was sanctioned for making inappropriate comments about a SANFL staff member," the Crows said. "The club is extremely disappointed and angered by the incident, and it endorsed the SANFL's sanction." Drury, who was delisted by North Melbourne at the end of last season, has been sent for counselling and an education program, the Crows said. The 21-year-old nominated for the AFL mid-season draft on Wednesday night but was overlooked. The SANFL said the comments about the female staffer represented "unacceptable conduct". "We were extremely disappointed by the inappropriate comments made by the players and continue to provide support to our staff member impacted," the state league said.
Irish Independent
3 days ago
- Politics
- Irish Independent
Author hoping to convert Kerry readers not convinced of Palestinian cause at talk in Listowel
Fintan Drury's book argues that the brutal Hamas attack on Israel in October 2023 was the result of almost eight decades of Israeli oppression Kerryman Those who attend the Listowel Literary Festival talk with author Fintan Drury will be told that they have a part to play in bringing an end to the assault on Gaza. 'Without being grandiose about it, we have a responsibility to do whatever it is we can to express our horror and to seek to pressure those who have some influence to get this to stop,' Mr Drury told The Kerryman. Mr Drury (67), a former RTÉ journalist from Dublin, is the author of Catastrophe. The book argues that the brutal Hamas attack of October 2023 was the result of almost eight decades of Israeli oppression, and that Israel's reaction to it has been egregiously disproportionate. 'If you look even in a kind of cursory way at the conduct of Israel to Palestinians since 1948, there is no conclusion other than the Palestinians are among the most oppressed people in the world ever,' Mr Drury said. 'Ireland has done more than most but we still have issues that we need to consider around doing more.' Mr Drury said he had been going to marches advocating for Palestine for years but realised he had to use his skillset, as a trained journalist and writer, to try and make a difference. It was that realisation which led him to writing his book with the aim of detailing what has occurred in Palestine in an accessible manner. Mr Drury said those he would like to see most at his talk in Listowel are those who have not been convinced to support the Palestinian people. 'I'd love them to leave after an hour and go: 'Now I understand, I've got it',' Mr Drury said. Mr Drury will be in conversation with Mike Lynch at 11am in Listowel Arms Hotel on Sunday, June 1. Tickets for the event cost €15.
