This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (iSeeCars) – Used car prices saw their first ...
For a while, it looked like used car prices were finally going down. After peaking in 2022 due to pandemic-driven supply shortages, prices dropped by 14.9% in 2023 from the prior year. But now, the ...
1- to 5-year-old used cars experienced their first 12-month price increase since 2 ½ years ago in October 2022 The average 1- to 5-year-old used car cost $31,624 in March 2025, up 1% ($317) from a ...
As buying used becomes the "New Normal," used car prices are receiving more scrutiny than ever before. Although the year began with declines in the average used car price, the trend quickly shifted.
The average sales price of 3-year-old used vehicles surpassed the $30,000 mark in Q1 2025, narrowing the gap with new car prices to under $17K for the first time since 2022. Due to unexpected market ...
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Soaring vehicle prices are pushing middle-class buyers to the brink
Middle-class Americans are discovering that the family car, once a predictable if painful expense, is turning into a ...
Average transaction prices for 3-year-old used cars have been above $30,000 for each quarter of 2025 so far. It was the highest third quarter average transaction price for those used cars since 2022, ...
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