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.

Three years or so ago, we spent a lot of time talking about the factors that created a serious shortage of new cars — the pandemic-driven supply chain disruptions, which lasted a while. Those problems ...

Used-car prices are at near-record levels. But those high-priced vehicles are still the biggest bargains on the market. Edmunds’ Q2 2025 Used Vehicle Report found the average transaction price of ...

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 ...

Remember when a 5-year-old sedan could be yours for $15,000? These days, even a “bargain” on the used lot feels like bidding at an auction. Used car prices are now about 40% higher than before the ...

Average transaction prices for 3-year-old used cars have been above $30,000 for each quarter of 2025 so far. It was the highest third quarter average transaction price for those used cars since 2022, ...

When the pandemic largely cut off the supply of new cars, it sent used car prices through the roof, but things have slowly been returning to normal the last several years. It's still been tough to ...