Recent Surge in Used Car Prices

Study found new car prices surged to record highs, leaving used ...

However, this decline does not offset the staggering 31.4% rise in used car prices since Q3 2019 due to the pandemic and ongoing chip shortages ...

Used Car Price Trends for 2024 (Updated Weekly) - CarEdge

In November 2024, used car prices are falling slowly following months of ups and downs. In 2024, the average used car listing price sits at $25,571. New car ...

Is Now the Time to Buy, Sell, or Trade-in a Car? - Kelley Blue Book

If you want a new or used vehicle, shoppers are still getting sticker shock. New car prices remain about $11,000 higher than five years ago, ...

Price gap between new and used cars hits all-time high - Fox Business

The gap between the average price of a new vehicle compared to a used car topped $20000 for the first time last quarter, according to data ...

Recent Surge in Used Car Prices: What's Driving the Market? - Reddit

Yea it's likely tied to rate cuts but it's 0.78% increase in price so average price went up about $500. But there's also seasonal trend in ...

Used Car Price Trends for November 2024 - CARFAX

In this month's Used Car Index, the average increase or decrease in pricing is less than $100 for every category. That's at least temporary good ...

Supply and demand shows up in rising used-car prices

The report showed used-car inventory levels down in August for the third consecutive month, dropping 2% below last year and 7.4% below August 2022 levels.

Used car prices continue to drop as demand for vehicles shoots up

Used vehicle prices continue to drop and more certified preowned cars line dealers' lots as consumers seek alternatives to pricey new cars.

Used-Car Prices Are Falling, Especially Among EVs

Used-car prices have dropped 10 percent on average over the last year, but pricing on older cars has seen a sharper decline.

Used-Vehicle Inventory Slightly Declines in October; Days' Supply ...

Used-vehicle listing prices decreased month over month, mostly due to a shift in mix. Affordability remains challenging for consumers, and ...

Why Did Used Car Prices Go Up So Much? - Matt Bruenig

Between June 2020 and and January 2022, used car prices, which had been stable or declining for 25 years, increased by nearly 60 percent.

Used car market average prices in September stronger than ...

Used car sales in September saw an approximately 5% increase compared to the same period last year, contributing to a 3.9% year-to-date rise.

ARE USED CAR PRICES ABOUT TO RISE FAST ? - YouTube

Hi all In this video I talk about the rising concern of used car prices potentially going up in the next few years as we try to transition ...

Wholesale Used-Vehicle Prices Increase in First Half of August

Over the last two weeks, the Manheim Market Report (MMR) prices in the Three-Year-Old Index reversed course and increased an aggregate of ...

New vs. Used-Car Value Statistics - AutoInsurance.com

The highest jump in price was from 2020 to 2021, which saw a 27 percent increase in the CPI for used cars. As new car prices go up, more people ...

The Used Car Market Is Collapsing in 2024 - CarEdge

Used car prices are falling in 2024, and in all likelihood, we're just getting started. According to the most recent used car market updates from Black Book ...

Used car prices finally decrease after years of record highs - WBRC

The latest iSeeCars ...

Price Trends for New and Used Cars

The overall price level as measured by the CPI has increased 18% since January 2021. So, overall, car prices have risen relative to the average ...

Used vehicle prices rise in August as consumer confidence shows ...

The market saw consistent price appreciation throughout the month, except for the last week. By Jaelyn Campbell. September 10, 2024.

What to Expect from Used Car Pricing in 2024 - ACV MAX

They also expected new car production to increase in 2024, leading to lower prices for new and used vehicles. They estimated that new vehicle ...