Why used cars offer alternative’ to new as average prices

2025 Used Car Values. Why used cars offer alternative’ to new as average prices The average transaction price quickly rose, jumping 17% for new vehicles between January and December of that year according to Edmunds' data The used car market has been highly volatile in recent years, with prices skyrocketing due to shortages in new vehicles

However, by 2025, the situation is expected to stabilize From there, the other segments all took a step higher: The average price of used Luxury SUVs rose by about $80 in February.

Used Car Prices Dropping 2025 Joseph Peterson

Not far behind, the average price of used Luxury Cars dropped another $150 According to the latest used car market data from Black Book, the used car prices are steadily falling at wholesale markets.These are the markets that most car dealerships buy and sell preowned inventory from. The supply chain disruptions that inflated used car prices are likely to ease by 2025.

Used Car Values 2025 Nani Tamara. A Used Car Inventory Crunch Means High Prices Won't Budge for Shoppers in 2025 Data from Edmunds shows that years of disrupted new-car sales are catching up to the used market, limiting inventory. The used car market has been highly volatile in recent years, with prices skyrocketing due to shortages in new vehicles

Used Car Values 2025 Nani Tamara. Discover the cutting-edge technology available in today's used cars Several factors are expected to drive used car prices higher for spring 2025: Tax Refund Season Fuels Demand - Many buyers use tax refunds for down payments, creating a rush of demand in March, April, and May