Used car prices have stabilized, except for EVs, which are still falling

Used Car Prices Have Stabilized, Except For EVs, Which Are Still Falling

4 weeks from now

Dec 12, 2024  · The used car market has shown signs of stabilization over the past year, with the average price of one- to five-year-old used cars settling around $29,934, a modest decrease of …

consumeraffairs.com

Used Car Prices Are Falling So Much They’re Driving Down Inflation

4 weeks from now

Jul 22, 2024  · Despite the recent declines, used cars are still about 30% more expensive than before the pandemic. Also, high interest rates for car loans are pushing up buyers’ monthly …

nasdaq.com

Used Car Prices Slip From Dizzy Heights, Signaling Small Victory For ...

4 weeks from now

Jul 21, 2021  · Used car prices had rocketed more than 40% since before the coronavirus pandemic began — to an average of nearly $25,000. ... which initially skyrocketed only to fall …

pbs.org

Why Affordabilty Crisis Grips Auto Market — And How It Might Ease

4 weeks from now

1 day ago  · Used cars averaged $20,000 before the pandemic, shot to an all-time peak of $31,095 in 2022, and now come in around $28,000 across the United States. But because the …

detroitnews.com

The Pandemic Car Crunch Will Boost Used Car Prices For Years

4 weeks from now

Jan 18, 2023  · Used vehicle prices have been through the roof for some time. They were up 45% in the 12 months ending June 2021 . Prices have been decreasing slightly, with the average …

businessinsider.com