Michael Martinez:

Strong demand for the low supply of SUVs and pickups drove up the cost of used cars and trucks slightly in 2014, but prices are expected to come down this year, experts say, thanks to low interest rates and a glut of available vehicles.
 Jonathan Banks, executive automotive analyst for the National Automobile Dealers Association’s used car guide, predicts used prices will drop between 2 and 2.5 percent in 2015, after a 1 percent rise in 2014.
 “As we look forward, we’re looking at a very positive environment,” Banks said. “Prices are going to be lower, the quality of the vehicles out there is really good, and interest rates are going to be fantastic.”
 Last year, car buyers paid an average of $11,878 for a 5-year-old used vehicle, NADA data show.