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 ...

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 ...

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 ...

The 2025 used market shows surprising resilience for 2022 hybrids. We break down prices, resale trends, and why demand ...

Buyers of used cars must be on guard to make sure they don’t drive away with a lemon. The same is true of investors and ...

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 ...

The General reports that car ownership costs are surging due to inflation, insurance hikes, and rising repair expenses, ...

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 ...

To help you understand what is going on in the auto industry and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments ...