Used car prices crept up again, but there’s some good news

New cars are still selling for more than ever, affecting the used market. Here are the used cars with the most and least inventory. Used car prices crept up again, but there’s some good news

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Used-car Prices Are Going Up: Here's A Look At Why - USA TODAY

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Mar 21, 2023 · Another tracker of wholesale used-car prices, Black Book, said prices rose 0.46% for the week ended March 11, the largest single-week increase since November 2021.

usatoday.com

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Used Cars Prices Went Up Again; Here’s Where They Could Be Headed

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Nov 25, 2024 · The average used car in America sold for $25,499 in October, up $138 from September’s average. The slight adjustment mirrored a tiny rise in new car prices, according …

marketwatch.com

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Used Vehicle Prices Expected To Continue To Stabilize In 2025 After ...

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4 days ago · A regular month-to-month move in the index during the year is only 0.2%, Cox said. Cox reports the average listing price of a used vehicle was $25,565 to start December, up …

nbcnews.com

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Why Used Car Prices Are Going Up Again - Yahoo Finance

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Mar 9, 2023 · According to the highly-watched Manheim Used Vehicle Value Index (which tracks wholesale used-car prices at dealer auctions), used car prices jumped 3.7% in February …

yahoo.com

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Used Car Prices Rising Fast, With Some Models Up 30% In A Year

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Jun 5, 2021 · CBS reported a 17 percent increase in used car prices since January. Buying Isn't So Simple Right Now. Used-Car Demand High; High-Mileage Cars a Good Bet; Buying a …

caranddriver.com

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Used Car Prices Are Going Nuts! Here Are 10 Of The Biggest

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Jul 30, 2021 · Average used car price: $66,508 Price increase: $20,392 Percentage increase: 44.2%. There’s the Lincoln Navigator, and then there’s the Navigator L, wherein the L stands …

autoweek.com

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A Used Car Price Bubble? New Report Says Yes - Kelley Blue Book

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Dec 23, 2021 · That pushed new car prices up – the average new car sold for more than $46,000 in November, a 13% increase in just one year. Higher new car prices sent many shoppers into …

kbb.com

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Used Car Prices Fall Again In July, Down Nearly 20% From Pandemic …

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Aug 14, 2024 · Used car prices rose more than 40% annually in both June and July 2021, and again in January and February 2022. Prices for used cars and trucks are still 16.9% higher …

yahoo.com

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Used Car Prices Are Trending Down - Marketplace

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Dec 13, 2022 · Used car prices have come down some, according to the latest Consumer Price Index. They dropped a little bit last month, for the fifth month in a row, and are now 3.3% lower …

marketplace.org

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Used Cars For Sale Near North Bergen, NJ Under $10,000

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Browse used vehicles in North Bergen, NJ for sale on Cars.com, with prices under $10,000. Research, browse, save, and share from 3,158 vehicles in North Bergen, NJ. Opens website …

cars.com

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Used Cars For Sale Near Fanwood, NJ Under $6,000

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Browse used vehicles in Fanwood, NJ for sale on Cars.com, with prices under $6,000. Research, browse, save, and share from 814 vehicles in Fanwood, NJ.

cars.com

FAQs about Used car prices crept up again, but there’s some good news Coupon?

Are used car prices creeping up again?

From an eye-watering peak of $31,400 in April of last year, the average price had dropped 14% to $27,125 early this month. Now, with the supply of used vehicles failing to keep up with robust demand, prices are creeping up again, with signs pointing to further increases ahead. ...

What happened to used car prices?

The nine month streak of good news snapped with the April CPI report, which showed used car prices rose by 4.4% month-over-month. So, what happened? CNN reported in February that auto wholesaler Mannheim registered a 4% jump in its average wholesale used car price in the middle of February, which was likely to trickle down to individual car buyers. ...

Are used cars still expensive?

Used car prices have come down some, according to the latest Consumer Price Index. They dropped a little bit last month, for the fifth month in a row, and are now 3.3% lower than they were a year ago. But let’s get one thing straight right off the bat: Used cars are still a lot more expensive than they were a couple of years ago. ...

How much does a used car cost?

Even after accounting for the price drops of the past year, the average used vehicle remains about 35% above where it was before the pandemic erupted three years ago. At that time, the average price was $20,425. Once the government sent stimulus checks to most American households, demand for autos rose as many people spent their money. ...

Are used car prices going up?

Deepening the shortage, fewer used vehicles are coming off leases or being off-loaded by rental car companies. Average list prices for used car have edged up by about $700 in the past month, and Alex Yurchenko, chief data officer for Black Book, which tracks prices, expects them to keep rising at least into summer. ...

How much did a used car cost in October?

The average used car in America sold for $25,499 in October, up $138 from September’s average. The slight adjustment mirrored a tiny rise in new car prices, according to data from Kelley Blue Book parent company Cox Automotive. The average used car price remains 4% lower than this time last year. Already a subscriber? Sign In ...