The average price of 3-year-old used cars has increased 40.9% since the pandemic, from $23,159 in 2019 to $32,635 in 2025 Used cars priced under $20,000 made up 49.3% of the 3-year-old market in 2019, ...

The gap between the new and used auto markets is wider than ever, new data from Edmunds shows. The car shopping guide's latest analysis released this week found the average price difference between ...

While used car prices remain well above pre-pandemic levels, they are at least dropping, with the Tesla Model 3 dropping the most. The Model 3’s 22.6% plunge was biggest, followed by the Jeep Grand ...

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 ...

The price was determined by a combination of factors - the most notable of which was the expiration of a $7,500 electric ...

The Automotive Market Sees a Shift as Stellantis Brands Cut Prices While Toyota and Honda Face Strong Demand CHICAGO (Oct. 21, 2024) — Cars.com Inc. (NYSE: CARS) (d/b/a “Cars Commerce.”), an ...

If you've been wanting to buy a new car, but couldn't afford it, then 2024 may finally be your year. Cox Automotive Chief Economist Jonathan Smoke says 2024 will be the best year for consumers to buy ...