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.
Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.
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 ...
COVID-19 changed the used car market as supply chain constraints and rising demand pushed prices higher. In 2025, those ...
Used vehicle prices are on the rise - something you've heard Car Pro Show host Jerry Reynolds say on the show recently. New data from iSeeCars finds that after dropping throughout 2023 and 2024, used ...
New car prices could potentially be impacted by tariffs implemented by the Trump administration, but used cars could also be on the rise. Carfax, the company known for its vehicle history reports, ...
The average sales price of a three-year-old used car in America surpassed $30K for the first time since 2023. The average age of used cars returning to dealerships has gone up, attributable to the low ...
Research new and used cars, trade-in values, ratings, specs, and photos. Learn more. Learn more about a vehicle you own or plan to buy to help avoid any hidden surprises. Check previously reported ...
After over two years of a demand freefall in the used car market, prices have suddenly increased, indicating a change. While the price increase isn't dramatic, it could hint at what consumers should ...
Used car values depreciated rapidly this summer as competitors were "aggressive" on pricing, CarMax CEO Bill Nash warned Thursday. Why it matters: Prices had spiked earlier in 2025 as Americans rushed ...
On April 3, the Trump administration’s sweeping tariffs on virtually all imported goods entering the U.S., including a 25% tariff on all foreign-made automobiles, went into effect. While many ...
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