WASHINGTON - If you're thinking of trading in your old car for a new one, there may be no better time to do it than right now.
Consumer Reports says the average trade-in price of used small and mid-sized cars has risen an average of $500 since January.
There is another reason to trade-in now: New car prices are rising gradually as automakers cut production to better match market demand.
How well you make out with a trade-in depends on the individual vehicle. If you have a 2009 Toyota Prius, you are in luck. It's value has jumped nearly $2,000 since January.
Follow WTOP on Twitter.
(Copyright 2012 by WTOP. All Rights Reserved.)
An NFL player relieves himself of his feelings toward the IRS.
Conn. zoo officials don't know how this baby came to be born.
How much did a painting of a topless "Golden Girl" fetch?
'Star Trek' falls short of studio hopes; 'Iron Man 3' tops $1B worldwide.