Wholesale price/trade-in value. This is essentially a car's trade-in value to a dealer, who will likely sell it to someone ...

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.

According to the J.D. Power and GlobalData U.S. Automotive Forecast for October 2024, the average price of a used car is $28,472. This value is 2.3% lower than in October 2023 due to a drop in ...

Consumer demand for new and used vehicles bounced back in October after a slight dip in September, as prices continue to drop, according to new data. CarGurus, an online new and used vehicle shopping ...

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 ...

1- to 5-year-old used cars experienced their first 12-month price increase since 2 ½ years ago in October 2022 The average 1- to 5-year-old used car cost $31,624 in March 2025, up 1% ($317) from a ...

The pre-owned car market is still in a strange place, many analysts are predicting a big crash due to due a variety of factors like inventory oversupply which is leading to a small drop in wholesale ...

New car prices had the smallest year-over-year increase in four years, according to just-released June data. Similarly, used car prices show signs of stabilizing, even cooling slightly. In new data ...

Softer used-car retail prices in July might be just the beginning of stronger buying conditions for consumers on the hunt for a pre-owned car, according to an analysis from CARFAX released Monday.