Average prices for used cars are way up, with the average markup rising above $10,000—and still growing. Age and body style are the most significant factors in markets, with late model units and ...
The average sales price of 3-year-old used vehicles surpassed the $30,000 mark in Q1 2025, narrowing the gap with new car prices to under $17K for the first time since 2022. Due to unexpected market ...
There were more than 1.4 million new vehicles sold in the U.S. in May 2024. Jump to insight Used vehicle sales dominate the auto market, typically accounting for about three-fourths of U.S. vehicle ...
The average new car price has skyrocketed to $50,000. Tariffs, the end of the federal EV tax credit and luxury car sales are ...
One driver of inflation in Tuesday’s consumer price index report has proved to be durable — namely, the price of used cars. It’s up 9% over the past two months. While they’re down from their peak ...
Well, it was nice while it lasted. For nearly a year, the average used vehicle in the United States had been edging toward affordable again for millions of people. The relief felt belated and ...
Used-car retail pricing might be dropping but new data suggests it might level out soon. Wholesale used-car prices just made a significant jump in early February and those costs will likely make their ...
If you're looking to buy a pre-owned vehicle, there's good news and bad news. The good news is that prices for used cars have come down from the all-time highs recorded last year. But the bad news is ...
Kelley Blue Book this week reported the average total price of a new vehicle in the U.S. is above $50,000 for the first time.