Used car prices are surging in the U.S., driven by the volatility around President Donald Trump's tariffs. What Happened: The Manheim Index, a metric used to track used car prices in the U.S., has ...

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 ...

The average 1- to 5-year-old used car costs $32,317, up 2% ($630) from a year ago The average 1- to 5-year-old used electric vehicle price continues to fall, down 8.8% ($2,993) over the past year to ...

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 ...

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 ...

Get ready to pay more for your next car. Auto prices in the United States will start to rise very soon – perhaps within the next few weeks. That’s because President Donald Trump once again announced ...

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 ...

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.

Two years ago, David Rosenberg’s dealership lots were virtually empty; cars would sell as soon as they arrived. Today, Rosenberg, president of DSR Motors, which has 12 dealerships across New England, ...

(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here. Impending tariffs on Canada and Mexico risk driving up US car prices by as much as $12,000, further squeezing ...

Used-car costs soared 60%, leaving average prices stuck at $25K—buyer beware. Remember when a 5-year-old sedan could be yours for $15,000? These days, even a “bargain” on the used lot feels like ...

Why classic car values are cooling and how collectors can navigate the downturn. The collector-car market’s pandemic-fueled boom has eased, with median sale prices down about 20% from late 2022 highs ...