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Auto Insurance
autoinsurance.com › home › researches › new vs. used-car value statistics
New vs. Used-Car Value Statistics
March 27, 2026 - While new-car prices are starting to come down from their peak, industry experts are expecting that used-car inventory will remain low for the next few years, meaning that you can continue to expect high prices. Keep in mind that while some costs are decreasing, they still remain far above 2019 prices, and they are unlikely to fall to that level again due to inflation.
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CarEdge
caredge.com › guides › labor day 2025 deals › used car price trends for 2025 (updated weekly)
Used Car Price Trends for 2025 (Updated Weekly) - CarEdge
October 8, 2025 - Black Book shows a 35% increase in retail used car prices for 2021 (the purple line). For comparison, the orange line shows a 7% appreciation for used car prices in 2020, and the blue line shows a 3% depreciation of used car values for 2019.
Discussions

In 2019, 49% of Used Cars Cost Less than $20,000; Today that Number is Only 12%
Important note: they only count cars that are at most 5 years old More on reddit.com
🌐 r/cars
361
1319
August 8, 2023
What were car prices like, new or used from 2018 to early 2020?
In Feb 2019, I bought a new Honda Pilot EXL for $35.7k. MSRP was $40.7k. Rates were 0.9% through Honda financial. In October 2019, I bought a new Honda Accord EX for $24.8K. MSRP was $28.5k. Rates were 1.9% though Honda financial. In January 2020, I bought a 2013 base Corolla with 60k miles for $8700. You can’t buy a 2013 Corolla in 2022 for under $13k now. More on reddit.com
🌐 r/whatcarshouldIbuy
7
4
December 27, 2022
Used car prices still haven’t really gone back to what people expect
Cars are an absolute necessity for 95% of people in the US. Manufacturers and dealers know this. Prices will never return to what they once were, both used and new More on reddit.com
🌐 r/whatcarshouldIbuy
281
1418
1 month ago
Used car prices are actually insane right now
“The market has lost its mind” my brother in Christ the market lost its mind in 2020 and never recovered. It’s in a rubber room screaming about 9/11 and MKUltra More on reddit.com
🌐 r/whatcarshouldIbuy
700
859
November 29, 2025
People also ask

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.
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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.
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autoinsurance.com
autoinsurance.com › home › researches › new vs. used-car value statistics
New vs. Used-Car Value Statistics
What 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.
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autoinsurance.com
autoinsurance.com › home › researches › new vs. used-car value statistics
New vs. Used-Car Value Statistics
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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 - Car ownership costs grew at a double-digit annual rate every month from April 2021 to November 2022, according to NerdWallet's ownership index. That growth has slowed dramatically, but the most recent data shows ownership costs grew 9% in the ...
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Edmunds
edmunds.com › home › news › the average price gap between new and used vehicles surpassed $20k for the first time ever in q3
The Average Price Gap Between New and Used Vehicles Surpassed $20K for the First Time Ever in Q3
October 29, 2024 - But for those getting ready to begin their search after years away from the market, the latest trends won’t offer much relief as used prices are still up 31.4% from Q3 2019 ($20,683).
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Detroit Free Press
freep.com › story › money › cars › 2025 › 11 › 13 › used-car-prices-high › 87203174007
What's behind higher used car prices and what might be cheaper
November 13, 2025 - Used car prices have surged 41% since 2019. Discover why the $15K car is vanishing fast. “To see the trend continue, now we’re seeing something abnormal,” Drury said. The last time used car prices were so high for an extended period was ...
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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 - The average used-car interest rate has climbed in the past five years, from just over 9 percent in 2019 to nearly 12 percent in the first quarter of 2025, according to the data analytics and consumer credit reporting company Experian.
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Detroit Free Press
freep.com › story › money › cars › 2025 › 07 › 15 › where-have-the-affordable-used-cars-gone › 85193603007
Used cars under $20K have almost vanished from the market: Here's what's behind the surge
July 16, 2025 - Passenger cars: The average 2019 list price: $19,734. Average list price today: $29,343. SUVs: The 2019 average list price: $31,649. Average list price today: $36,509. Pickups: The 2019 average list price: $31,627.
Find elsewhere
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Kelley Blue Book
kbb.com › home › car news › average used car price down 4% since last year
Average Used Car Price Down 4% Since Last Year - Kelley Blue Book
February 19, 2024 - Used car prices remain higher than in 2019 but have fallen lower than at any point in 2022 or 2023.
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Cars.com
cars.com › home › news › latest news
When Will Used-Car Prices Drop? | Cars.com
August 5, 2022 - Since then, prices have remained ... Before any COVID-19-related disruptions, the median price for a used vehicle among Cars.com dealers in July 2019 was approximately $17,500....
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Reddit
reddit.com › r/cars › in 2019, 49% of used cars cost less than $20,000; today that number is only 12%
r/cars on Reddit: In 2019, 49% of Used Cars Cost Less than $20,000; Today that Number is Only 12%
August 8, 2023 - They didn’t cost as much as SUV’s or trucks and usually depreciated more than Asian and German sedans, and there were a lot more less-than-5 year old models available in 2019 than there are now. ... I think it is just more tech and features in general that keep prices high. If you look at a car from 2010 vs 2020, it is a much larger difference than 2000 to 2010. Large screens with everything being controlled by individual modules. Parts on back order causing new car delays (still happening, by the way). This all causes used cars to be cheaper to buy and repair.
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Kelley Blue Book
kbb.com › home › car advice › is now the time to buy, sell, or trade in a car?
Is Now the Time to Buy, Sell, or Trade in a Car? - Kelley Blue Book
3 weeks ago - Those high price headlines can make car shoppers feel a little fatalistic. But they’re slightly misleading. The average is high, in large part, because Americans are choosing to pay more. Luxury cars and luxury trim levels on pickup trucks push up the average. Savvy shoppers can still find a quality car for much less than the average. The used-car market is a more complicated story: Prices rose in May even as supply increased.
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CNBC
cnbc.com › 2022 › 02 › 03 › used-car-prices-may-be-easing-research-shows.html
Used-car prices may be easing, research shows
February 3, 2022 - For cars that are 1 to 3 years old — a category that has driven much of the price jump — the average cost is $41,121, down 2.1% from about $42,000 in early January, according to CoPilot. The price of 2019 models have slid by 2.5%, while 2020 ...
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CarEdge
caredge.com › guides › used cars › used car prices for december 2021
Used Car Prices for December 2021 - CarEdge
April 24, 2023 - Data from Black Book suggests that wholesale used car prices have increased more than 50% since the beginning of this year. The purple line shows 2021 used car price changes. The blue line represents 2019.
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FOX 2
fox2now.com › automotive › the-sub-20k-used-car-is-almost-gone
The Sub-$20K Used Car Is Almost Gone | FOX 2
July 6, 2025 - Affordability has suffered across every vehicle type, but with a 48.7% average price hike, cars saw the biggest increase between 2019 and 2025. “The big bump in passenger car costs reflects a loss of late-model used vehicles for buyers on ...
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Forbes
forbes.com › sites › jimgorzelany › 2023 › 09 › 25 › the-unfortunate-solution-to-sky-high-used-car-prices-buy-an-older-model
The Unfortunate Solution To Sky-High Used-Car Prices: Buy An Older Model
November 7, 2024 - The biggest price boosts, according to iSeeCars.com are on six-year-old pre-owned models, which on average now command 53.4% more than they would have in 2019 ($24,210 versus $15,777), and one-year-old rides that now cost an average $46,403 ...
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Cars.com
cars.com › home › news › latest news
Used-Car Prices Spiked 30% in Just One Year | Cars.com
That stands in contrast with periods before and after: The index shows a 5% year-over-year increase in May 2018, followed by a 4% increase in May 2019. May 2021, meanwhile, saw a whopping 48% increase in used-car pricing from a year prior, and a ...
Published   June 14, 2021
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TheStreet
thestreet.com › personal-finance › used-cars-fetching-the-highest-prices
The Used Cars Fetching the Highest Prices - TheStreet
August 18, 2021 - To find the cars with the greatest ... car sales from model years 2016 to 2020 in June 2021, and over 800,000 used car sales from model years 2015 to 2019 in June 2020....
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Reddit
reddit.com › r/whatcarshouldibuy › used car prices still haven’t really gone back to what people expect
r/whatcarshouldIbuy on Reddit: Used car prices still haven’t really gone back to what people expect
1 month ago - The market is still living with that inventory hole. Used prices have come down from the absolute insanity of the COVID peak, but expecting them to return to 2019 levels is like expecting your grocery bill, rent, or insurance premiums to return to 2019 levels.