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, ...
October is spooky season and what may give some consumers a jump-scare is the average price tag they’ll see on a used vehicle. Fortunately for them, the car-buying version of comic relief is sweet ...
COVID-19 changed the used car market as supply chain constraints and rising demand pushed prices higher. In 2025, those ripple effects are still being felt. Since the pandemic, used car prices have ...
Heavy discounts on new electric vehicles and buyer skepticism about their durability continue to push down used EV prices, which experts say has opened up a traditionally pricey market to more U.S.
Retail prices of used vehicles are rising considerably faster than wholesale prices, with the gap between them approaching $15,000. That’s according to J.D. Power’s Used Market Update for October, ...
Car dealers restock their sales lots through used car auctions. Auction prices ended September 2% higher than a year ago, but just 0.2% higher than in August. The numbers come from Kelley Blue Book’s ...
The Manheim Used Vehicle Value Index for the wholesale market fell 0.2% in September from August but was still 2% higher than a year earlier. Seasonal adjustments drove the monthly decrease, as ...
Kevin is the Managing Editor and Producer of Fleet Equipment Magazine. He joined Babcox Media in 2024, after a decade in TV news production. A frequent attendee of trade shows and industry events, ...
Bottom line: Used electric vehicles still account for only a small portion of the market, but their prices are increasingly undercutting those of gasoline models. Rapid improvements in battery range ...
Electric vehicles on the used market often cost less than comparable gasoline models, making the technology affordable to many more buyers. By Jack Ewing New electric vehicles cost thousands more than ...
According to the folks at iSeeCars.com, used‑car prices are continuing to surge, steadily reversing a two-and-a-half-year slide, even as electric‑vehicle values—especially Teslas—start to level off.