Although experts anticipate more inventory reaching the used car market, increased supply may not translate into meaningful relief from elevated prices.
A buyer with $20,000 looking for a late model used car will have a hard time finding one. The average list price for a used 3-year-old vehicle is now $32,600, up nearly $9,500 since 2019. Some tips in ...
View post: The Ford Model T Is Now a 1,060-Piece Lego Set Remember when a 5-year-old sedan could be yours for $15,000? These days, even a “bargain” on the used lot feels like bidding at an auction.
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 a three-year-old used car in America surpassed $30K for the first time since 2023. The average age of used cars returning to dealerships has gone up, attributable to the low ...
The average price of 3-year-old used cars has increased 40.9% since the pandemic, from $23,159 in 2019 to $32,635 in 2025 Used cars priced under $20,000 made up 49.3% of the 3-year-old market in 2019, ...
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Used cars under $20K have almost vanished from the market: Here's what's behind the surge
Before the COVID-19 pandemic, more than half the used cars for sale in the nation were 3-year-old vehicles priced for $20,000 or less. Today, those same type of vehicles comprise only 11% of used cars ...
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