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.
Many used car shoppers are facing sticker shock right now. As a result, you might want to consider looking at new vehicles as well, as fresh data reveals used car prices have reached their highest ...
The average sticker price on a new car was $51,345 in October and the average price paid, after discounts, was $49,105, according to Edmunds. The typical monthly payment for a new car last month was ...
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, ...
For most segments, used-car prices were more expensive at the end of 2025 than they were a year earlier, with a couple categories climbing four digits. But according to analysis around the latest ...
Even with new tariffs on imported cars and car parts, American car buyers paid slightly less in May for new vehicles. Data from Edmunds.com on Thursday showed that the the average price paid for new ...
Used cars are becoming increasingly difficult to find and more expensive to purchase. The average price of a three-year-old used car has increased 40% since 2019, and during that time, the cost, ...
A growing number of consumers are shying away from the new car market as prices increasingly become out of reach. But used cars aren't offering much relief either, according to auto industry experts.
In recent developments, the U.S. has implemented a 25% tariff on imported cars and auto parts. These tariffs, initiated by President Donald Trump, aim to boost domestic car manufacturing. The tariffs ...
Tesla used car prices continue to plummet, while the average used car price is increasing. Despite being considered a premium brand, used Tesla vehicles are now cheaper than the used car sale price.
Car buyers will bear the brunt of the $30-billion cost of President Trump’s tariffs, driving up already high U.S. auto prices by almost $2,000 per vehicle, according to consultant AlixPartners. The ...
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