3 weeks ago - The nationwide average price for a used car in 2022 was $33,582.

May 11, 2025 - The average price tag of a new car is $47,962, and the average price for used cars is $25,180. That’s significantly higher than five years ago, but slightly lower than 2022 and 2023.

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.

June 7, 2023 - The price was falling by late fall, slipping to just over $27,000, closing the year at just over that mark. By historical standards, however, used-vehicle prices remain elevated. Outlook: Used vehicles are forecasted to be in high demand in ...

July 25, 2024 - Used vehicle sales had seen a bump in 2021, in part due to a pandemic-influenced semiconductor shortage that resulted in new vehicle production cuts. The price of a used vehicle in the U.S. averaged $29,310 in 2023.

CarGurus used car price index indicates that the average used car costs $29,147.

While this number seems high, used ... a recent iSeeCars.com analysis of over 1.9 million used car sales, used car prices decreased 3.0 percent in December 2022 compared to the previous year....

November 13, 2025 - Ivan Drury, director of insights ... prices above $30,000 in the third quarter of this year, at $31,067, up 5% from the same period last year. It’s the highest third-quarter average transaction price since 2022, when the average hit $31,259, according ...

August 12, 2025 - The biggest difference: in 2022, those cars originally cost about $40,314 new, compared to $44,651 today — a nearly $5,000 jump that makes used cars a better deal than during the pandemic peak.

November 29, 2025 - This was a year-on-year decrease of around *** percent of the June 2022 average, which stood at under ****** U.S. dollars. Used cars recorded an overall increase in prices and a decrease in more affordable stocks as a consequence of the global chip shortage which put the automotive industry at a standstill, affecting the production of new vehicles.

February 3, 2026 - Additionally, economic stimulus ... cars available, the used-car market became red-hot, with the average used-car price surpassing $28,000 in 2022.[4]...

December 29, 2025 - The average transaction price for used vehicles three years old or newer surpassed $30,000 in Q1 2025, marking the first time it has done so since 2023. The gap between lightly used and new car prices has now narrowed to just $17,000, the smallest ...

3 weeks 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

February 19, 2024 - The average used-vehicle listing price at the end of January was $25,328 – a remarkable 4% lower than year ago.

October 19, 2023 - They have stated that there is a very low price gap between new and old cars; instead of paying high for used cars, they prefer to buy a new car, which shows that in the future, the lots will be full of used cars and they will continue to fill up as long as their prices are not low. Before the pandemic, lease demand was 30% and it reached the lowest value of 25% in 2021. Cox Automotive predicts that as the inventory will reach its normal level, the leasing demand will increase. Used cars and new cars will be out of reach for average consumers in 2022 and leasing will provide them with an alternative solution to them.

April 20, 2023 - Used car prices climbed 52 percent in 2021 and 2022, an unprecedented and historic price bubble that is slowly but surely bursting. The average price paid for a used car peaked at $33,000, an all-time record. But times are changing!

October 12, 2025 - The average price of a new vehicle has risen over the years. This article explains why the prices have risen and if a new or used car is best for you.

April 19, 2024 - Since peaking in December 2021, average new car prices began to drop slightly to about $46,000 in January and February 2022. Unfortunately, it’s unlikely that car prices will drop significantly this year due to the effects still felt by the ...

1 month ago - View monthly updates and historical trends for US Consumer Price Index: Used Cars and Trucks. Source: Bureau of Labor Statistics. Track economic data with…

November 9, 2022 - NADA's mission is to serve and ... transaction price for a used vehicle at franchised dealerships in September 2022 was $31,025....