Prices plateau in more stable used-car environment

Apr 29, 2024 · Prices in the used car market stabilize after a year of fluctuations. Discover insights on retail and wholesale pricing trends affecting automotive professionals. ... Prices plateau in more stable ...

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New Signs Used Car Prices Are Stabilizing - Carsforsale.com

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Jul 20, 2022 · The national average sale price for used cars in June was at $28,012. That’s up 12% year-over-year but down from May, and the longer trend looking back over the first six …

carsforsale.com

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Used Car Prices Stabilize As Used EV Prices Continue To Fall

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Dec 10, 2024 · $30,000: The New Average for Used Car Pricing Over the past 12 months the average price of a 1- to 5-year-old used car has settled in around $30,000. While stable used …

iseecars.com

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New-car Prices, Used Inventory Shortages Drive Stability In Used-car ...

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Nov 5, 2024 · The report showed the average used-vehicle list price on the Cars.com platform (currently at $28,882) has been virtually flat throughout 2024, while the Cars.com New Car …

autoremarketing.com

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Used Car Market Undergoing Transition From Volatility To

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Improved inventory in the new-car market has resulted in downward pressure in the used market, leaving the average price for 3-year-old and newer used vehicles $13,686 below the new-car …

edmunds.com

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Surplus Inventory Slightly Drives Down New-Car Prices As Used …

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Oct 21, 2024 · The used-car market, in contrast, remained stable in September, with the average price standing at $28,882, which is nearly unchanged since the beginning of 2024 but down …

cars.com

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Used Cars Are Finally Getting Cheaper - Motor1.com

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A new iSeeCars study reveals that the average price of a one- to five-year-old used car is down 4.7 percent from 2023 to $32,672, which is still 40.1 percent more than the 2019 average of …

motor1.com

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Used Cars For Sale In North Bergen, NJ - CarGurus

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Up to $14 cash back · Search used used cars listings to find the best North Bergen, NJ deals. We analyze millions of used cars daily. ... Price trends; Tips & advice; General questions; …

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JR Used Auto Sales In North Bergen, NJ - Carsforsale.com®

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Shop 13 vehicles for sale starting at $7,400 from JR Used Auto Sales, a trusted dealership in North Bergen, NJ. Call 5401 Tonnelle Ave., North Bergen, NJ 07047

carsforsale.com

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Used Cars For Sale Near North Bergen, NJ Under $3,000

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Browse used vehicles in North Bergen, NJ for sale on Cars.com, with prices under $3,000. Research, browse, save, and share from 52 vehicles in North Bergen, NJ.

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FAQs about Prices plateau in more stable used-car environment Coupon?

Are used car prices increasing or decreasing?

Used car prices have been decreasing, with a 3.6 percent drop year-over-year in June. This follows price drops of 2.9 percent in May and 3.6 percent in April, and significant drops of 6 to 8 percent from January to March. ...

Will used car prices be stable in 2025?

This acts as upward pressure on used car prices, despite other market forces working in the opposite direction. CarEdge Prediction: Used car prices will be stable in 2025, with very slight movements reflecting the typical seasonal trends. We predict that the average selling price for a used car will remain near $25,500 in 2025. ...

How much does a new car cost?

Despite these pressures, the overall average price of new vehicles remained steady at approximately $49,000, while brands like Toyota and Honda defied the trend. These brands saw price increases of 3% and 8% YoY, respectively, as strong demand kept prices elevated. Seasonal Trends and Inventory Adjustments ...

Are new car prices still high?

After four years of tumult, the car market is finally starting to resemble normalcy – at least in terms of seasonal price fluctuations and dealership lot inventory. Yet, as any car shopper knows, new car prices remain high. Over the past five years, new car prices have surged by 27%, and remain just shy of the record highs we saw in late 2022. ...

How much does a used car cost in September?

The used-car market, in contrast, remained stable in September, with the average price standing at $28,882, which is nearly unchanged since the beginning of 2024 but down 5% YoY. Consumers continue to gravitate toward used vehicles for affordability even as the average vehicle age increases slightly to 5.2 years with mileage just over 60,000. ...

Are used EV prices decreasing?

Used electric vehicle (EV) prices are decreasing by 29.5 percent from a year earlier as of June, after dropping 28.9 percent in May, 24 percent in April, and 16.8 percent in March. iSeeCars analyzed over 1.8 million 1- to 5-year-old used cars to identify the latest used car pricing trends. ...