used car prices dropping 2021 - Brave Search

Do used cars go down in price at end of year?

reddit.com › r › UsedCars › comments › 1gbigtj › do_used_cars_go_down_in_price_at_end_of_year

Used cars no, used bikes yes. Answer from NeelSahay0 on reddit.com

money.com › personal finance › news

Used Car Prices Are Falling So Much They’re Driving Down Inflation

July 22, 2024 - Used car prices have plummeted in the past year, reaching their lowest point since 2021.

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.

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investopedia.com › used-car-shoppers-are-getting-a-break-as-prices-fall-unless-they-need-a-loan-8401255

Used-Car Shoppers Are Getting a Break As Prices Fall—Unless They Need A Loan

November 13, 2023 - Even as prices have gone down, ... news if you’re in the market for a used car: Prices have dropped from absurdly expensive to merely extremely expensive over the past year....

reddit.com › r/usedcars › do used cars go down in price at end of year?

r/UsedCars on Reddit: Do used cars go down in price at end of year?

October 25, 2024 -

Looking at a 2021 and 2020 model of a vehicle. Do cars generally go down in price at the end of the year. For instance, come end of this December, 2025, a 2021 will be 4 years old vs currently 3 years old. Or is there no difference?

Used cars no, used bikes yes.

Not exactly the way you’re thinking; but in late November/December/early January commissioned salespeople will be a LITTLE more inclined to cut you a better price. Less customers around (because no matter what Lexus commercials have told us for years, very few people are car shopping at Christmas) Then in January buyers are trying to get a read on just how bad the post-Christmas credit card bills are gonna hurt. Not to mention the salesmen themselves could usually stand to bring in a couple quick commissions

reddit.com › r/askcarguys › are used vehicle prices ever going to go back down?

r/askcarguys on Reddit: Are used vehicle prices ever going to go back down?

October 3, 2025 -

30 year old car enthusiast from the PNW. Always checking marketplace for fun and keep seeing 90’s F150’s/ chev 1500’s/ Toyota 4Runners etc for crazy amounts. For context I bought a mint 97 GMC 1500 in 2012 for $4000. I’m seeing those trucks for over $10,000 now in worse shape. Same for all brands. Is this just the new normal?

No. The filthy scumbags that rule over us have devalued the dollar by printing money at a criminal pace which has resulted in you needing more of the devalued dollars to buy things (used cars included).

for trucks? Probably not. When a new Truck is $70,000+ it pulls up the price of all the older crapboxes too. People need trucks and the sellers know it.

ktla.com › news › nationworld › used-car-prices-gradually-declining-after-rocketing-more-than-40-since-before-pandemic

Used car prices gradually declining after skyrocketing more than 40% since before pandemic

July 21, 2021 - For months, anyone who wandered ... wandering right off the lot. Prices had rocketed more than 40% from their levels just before the viral pandemic struck, to an average of nearly $25,000....

cars.usnews.com › car advice

When Will Used Car Prices Go Down? | U.S. News

May 14, 2025 - In mid-2021, that number had dropped to about one in three for Ford and only one in 10 for GM. These numbers may seem old, but they still have a direct impact on used car supply in 2025.

carscoops.com › home › news › used car prices drop faster than expected, now 21% below 2021 peak

Used Car Prices Drop Faster Than Expected, Now 21% Below 2021 Peak | Carscoops

January 18, 2024 - That means that used vehicle prices are down nearly 21 percent, as compared to their pandemic peak in December 2021. The final two weeks of 2023, in particular, saw above-average declines in the three-year-old used vehicle market, and over the ...

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fordoflafayette.com › home › why used car prices are trending down

Why Used Car Prices Are Trending Down | Ford of Lafayette

January 4, 2023 - The result? You'll save money on your next vehicle purchase if you decide to buy used instead of new! The reason for the drop in used car prices is that wholesale prices are dropping.

carpro.com › blog › used-car-prices-stabilize-used-evs-continue-to-fall

Used Car Prices Stabilize; Used EVs Continue To Fall - CarPro

January 3, 2025 - Used car prices have dropped by less than 3% ($750) over the past six months, reflecting strong stability after large increases during the pandemic, e.g. 28% ($7,000) in November 2021 versus November 2020

cars.com › home › news › latest news

Used-Car Prices Are Finally Dropping; Here’s What to Expect in 2023 | Cars.com

Used-vehicle spending also fell 3.3% over a 12-month period from November 2021 to November 2022; that’s in stark contrast to new-car spending (which jumped 7.2% over the same period) and the overall index (which rose 7.1%).

Published December 27, 2022

autoinsurance.com › home › researches › new vs. used-car value statistics

New vs. Used-Car Value Statistics

March 27, 2026 - While this is a very slight decrease, it’s the first indication of a drop in prices since they skyrocketed in 2020 and 2021. See below for weighted representations of price changes. The higher the number, the more the price changed, on a scale of 140 to 1801. As of July 2024, average used-car prices are still about 33 percent higher than pre-pandemic costs.

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 ...

komu.com › news › midmissourinews › used-cars-see-steep-drop-in-prices-but-are-still-higher-than-pre-pandemic-times › article_d9d2f2ba-983c-11ed-aa8f-eb67b8afa2b0.html

Used cars see steep drop in prices but are still higher than pre-pandemic times | Mid-Missouri News | komu.com

COLUMBIA − The pandemic saw the ... Thursday, that price trend is taking a new route. Used car prices dropped 8.8% from December 2021 to December 2022....

Published January 27, 2023

cbsnews.com › local news › used car prices plunge after pandemic highs

Used car prices plunge after pandemic highs - CBS Miami

January 16, 2023 - Since the start of the pandemic ... ending in June 2021, according to the Consumer Price Index -- before swinging to a 12-month drop of 8.8% in the most recent reading for December....

money.com › home › economy and politics › auto industry › used car prices have fallen for 4 months straight

Used Car Prices Dropping in 2022, but Monthly Payments Rise | Money

January 10, 2024 - Compared to July 2021, used car prices are up 7.4%, or about $2,000 more expensive. In February 2020, before the pandemic, used cars were selling for about $20,700 on average. The recent drop in prices isn't noticeable enough for folks to sprint ...

copilotsearch.com › 5-surprising-trends-in-car-prices

5 surprising trends in car prices: What every buyer needs to know for Fall 2024 - CoPilot

Over the past year, used car prices—which have fallen by 8%—have been one of the biggest factors pulling down overall inflation. Consumers have taken advantage of falling prices this summer, driving up sales and lowering dealer inventory levels. At the same time, with 2021 marking the start ...

caredge.com › guides › car buying › used car prices are falling, and it’s only the beginning

Used Car Prices Are Falling, and It’s Only the Beginning - CarEdge

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.

foxbusiness.com › markets › used-car-prices-could-drop-soon

Used car prices could fall soon afters monthslong surge | Fox Business

Used car prices peaked in June 2021 and have stayed fairly high since. Industry analysts say prices could level out over the next several weeks.

Published August 21, 2021

cbtnews.com › home › decoding the decline in used car prices and what’s next for the market

Decoding the decline in used car prices and what's next for the market

June 18, 2025 - One of the primary factors driving the current decline in used car prices is the increased supply of new vehicles. Over the past few years, OEMs have grappled with supply chain disruptions, particularly the semiconductor shortage.