Money
money.com › economy and politics › auto industry
Average Used Car Prices Soar to Nearly $30,000
January 10, 2024 - But it's still very expensive in the grand scheme of things, with the average used car running $28,105. As for new vehicle car prices, they're soaring to new highs as well. The average price for a new vehicle in December 2021 was $47,077 according ...
CarEdge
caredge.com › guides › used cars › used car prices for december 2021
Used Car Prices for December 2021 - CarEdge
April 24, 2023 - October sales ran about 7% below the same year-ago period. Both Cox and Black Book show retail used car prices hitting all-time highs. Cox has the average listing price for used vehicles at a new record of $26,971.
Is this price a decent deal? : r/UsedCars
When are used car prices gonna go back to normal…
Probably not until 2023. The chip shortage for new cars is going to last through all of 2022 (quoting the CEO of chip maker STMicro and the chairman of Daimler), and until that gets straightened out, we probably won't see 2019 like pricing on new or used cars again.
Used car prices did drop a bit in August. Edmunds said the 3.4% decline from $27,245 to 26,308 was because people who urgently needed a car probably bit the bullet already, leading to softer demand.
The next couple of months don't look great - a lot of people are going to need replacements for flooded cars from the hurricanes in Texas and Louisiana. After that, it's all spontaneous. If there's a deal, there's a deal.
More on reddit.com 125
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September 16, 2021Do used cars go down in price at end of year?
Used cars no, used bikes yes. More on reddit.com
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October 25, 2024Average price for DECENT used cars?
The last decent used car I had was a 99 Toyota Camry. Got it with 230,000 Mi for $2,800, put about $9,000 into it over 2 years in maintenance and repairs, got to 318,000 Mi before it gave out. I think anything decent now is probably starting at anywhere between $4,000 and $5,000. More on reddit.com
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June 17, 2025What is the most accurate used car value guide?
For consumers, the National Automobile Dealer’s Association (NADA) generally provides the most accurate and reliable car values.
autoinsurance.com
autoinsurance.com › home › researches › new vs. used-car value statistics
New vs. Used-Car Value Statistics
What guide do insurance companies use to value cars?
Insurance companies may use comprehensive third-party reports to help value cars. This gives them a sense for how much cars have sold for and what they’re valued at.
autoinsurance.com
autoinsurance.com › home › researches › new vs. used-car value statistics
New vs. Used-Car Value Statistics
What is the best time of year to buy a car?
The best time of year to buy a car is December, as most dealerships have holiday sales. Other good times include any three-day weekend, like Presidents Day weekend, and Black Friday. If you can’t wait for the next holiday, go toward the end of the month or year, as salespeople will be more motivated to sell vehicles at lower prices to make their sales quotas.
autoinsurance.com
autoinsurance.com › home › researches › new vs. used-car value statistics
New vs. Used-Car Value Statistics
Videos
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The Used Car Market Has Lost Its Mind (in 2026) - YouTube
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Dealers are in TROUBLE! These USED vehicle prices are sickening!
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It’s Over: The Car Market Bubble Just Popped - YouTube
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TOP 10 Cars 2025, NEW & USED (Car Prices 2025) Kevin Hunter the ...
CNBC
cnbc.com › 2021 › 08 › 01 › used-car-high-prices-may-finally-be-dropping.html
The high prices of used cars may finally be dropping: Sonic Automotive president
August 1, 2021 - The average transaction price for a used car was $25,410 in the second quarter of 2021, up from $22,977 in the first quarter and 21% year-over-year, according to data from online automotive resource Edmunds.
The Zebra
thezebra.com › the zebra › resource center › driving › average car price is at an all-time high of $47,000 going into 2022
Average car price is at an all-time high of $47,000 going into 2022 | The Zebra
April 19, 2024 - Currently, pickup trucks have the highest trade-in values. Since peaking in December 2021, average new car prices began to drop slightly to about $46,000 in January and February 2022.
NerdWallet
nerdwallet.com › back to nerdwallet homepage › auto loans › learn › are car prices going up or down?
Are car prices coming down? - NerdWallet
1 month ago - Used car prices surged during the pandemic and have remained elevated. The average listing price for a used vehicle was $26,918 in May — the highest level since mid-2023 and an increase for the third consecutive month, according to Cox Automotive
Auto Insurance
autoinsurance.com › home › researches › new vs. used-car value statistics
New vs. Used-Car Value Statistics
March 27, 2026 - The effects of inventory shortages ... this year. According to CoPilot’s Car Price Index Report, the average cost of a new car as of July 2024 was $49,673....
Kelley Blue Book
kbb.com › home › car news › average used car price now over $28,000
Average Used Car Price Now Over $28,000 - Kelley Blue Book
January 21, 2022 - Home Car News Average Used Car Price Now Over $28,000 ... As 2021 came to a close, the average used car in America sold for $28,205. That’s 28% higher than it was just one year before.
Cox Automotive Inc.
coxautoinc.com › home › market insights › used-vehicle prices retreat in 2022 but remain elevated
Used-Vehicle Prices Retreat in 2022 but Remain Elevated - Cox Automotive Inc.
June 7, 2023 - Low supply and strong demand for used vehicles led to record prices in 2021, with the average listing price hitting $28,000 for the first time ever in 2021, according to a Cox Automotive analysis of vAuto Available Inventory data.
Consumer Reports
consumerreports.org › cars › what you can do to find a good used car now
What You Can Do to Find a Good Used Car Now via @ConsumerReports
August 6, 2025 - According to Edmunds, the difference in average transaction prices between a new vehicle and a 3-year-old used one has narrowed to just $16,970. If you’re looking at a 1- or 2-year-old used car, that difference can be even smaller.
Statista
statista.com › transportation & logistics › vehicles & road traffic
U.S. used vehicles average list price 2023| Statista
November 29, 2025 - Data for June 2020 and June 2021 were retrieved from earlier mid-year reviews. ... The average list price for used vehicles in the United States reached some ****** U.S. dollars in June 2023. This was a year-on-year decrease of around *** percent of the June 2022 average, which stood at under ****** U.S. dollars. Used cars ...
Cox Automotive
coxautoinc.com › home › insights › still tight used-vehicle inventory pushes prices higher
Still Tight Used-Vehicle Inventory Pushes Prices Higher - Cox Automotive Inc.
July 14, 2022 - The average vehicle had 77,842 miles on it, down slightly from the past couple of months. By price segment, used vehicles under $10,000 had the lowest supply at the end of August at only 30 days, the same as July.
iSeeCars
iseecars.com › used-car-prices-by-state-study
This Is the Average Price of a Used Car in Each State - iSeeCars.com
The average one-to-five-year-old car cost an average of $33,582 in December. While this number seems high, used car prices have actually been falling after two years of year-over-year price increases as a result of the global microchip shortage.
World Population Review
worldpopulationreview.com › state-rankings › used-car-prices-by-state
Used Car Prices by State 2026
3 weeks ago - The nationwide average price for a used car in 2021 was $24,710.
CarGurus
cargurus.com › home › research › price trends
Used Car Price Trends - CarGurus Pricing Index
CarGurus used car price index indicates that the average used car costs $29,169.
Car and Driver
caranddriver.com › home › news › new car price keeps climbing, with average now at almost $47,100
New Car Price Keeps Climbing, with Average Now at Almost $47,100
January 12, 2022 - When supply is lower than demand, dealers may set prices higher than MSRP, also increasing average transaction prices." We noted recently that used-car prices are climbing, too, with the average used car costing more than $27,500 in December 2021.
The Car Connection
thecarconnection.com › news
Record high new and used car prices continue in 2022
February 1, 2022 - But used car prices also remain high, 28% higher than this time a year ago, according to Kelley Blue Book. At the end of 2021, the average used car sold for more than $28,000.
Statista
statista.com › statistics › 274928 › used-vehicle-average-selling-price-in-the-united-states
U.S.: average selling price of used vehicles | Statista
November 29, 2025 - The average used car price in the US has been steadily growing since 2016. The average used price by year was at its highest in 2022, amid the chip shortage.
Reddit
reddit.com › r › UsedCars › comments › 1st6kjm › is_this_price_a_decent_deal
Is this price a decent deal? : r/UsedCars
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FRED
fred.stlouisfed.org › series › CUSR0000SETA02
Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average (CUSR0000SETA02) | FRED | St. Louis Fed
1 month ago - Graph and download economic data for Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average (CUSR0000SETA02) from Jan 1953 to May 2026 about used, trucks, vehicles, urban, consumer, CPI, inflation, price index, indexes, price, and USA.
ConsumerAffairs
consumeraffairs.com › home › automotive › extended car warranties › best extended auto warranties
Used Car Statistics 2026 | ConsumerAffairs®
July 25, 2024 - This represented a decrease of more than $1,400 from the 2022 average price of $30,740. In comparison, the average price of a new light vehicle in 2023 was nearly 60% higher than a used vehicle, at $47,010.