Average Price Of A Used Car 2024. That’s not a small sum when you consider the average price of a used car is still hovering above $25,000. New car inventory in the united states is.
According to a cox automotive report, used car shoppers paid an average of $26,446 on used vehicles as of december 2023. For comparison, in march 2020, using the historical.
Cargurus Used Car Price Index Indicates.
However, trends show some pain points for used cars that.
How Is Used Car Inventory?
There are roughly 800,000 fewer used cars to choose from now, with an average list price of $28,859.
That’s About $1,000 Less Than Last Year.
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Data From The First 15 Days Of February Indicates A Substantial Decline In Prices For Wholesale Used Vehicles, Accounting For Variations In Vehicle Types, Mileage,.
Price change (yoy) price change (mom) 1.
Currently, The Average Used Car Is Worth 63% (Or 63 Cents On The Dollar) Of The Cost Of A Comparable New Car.
Used car prices averaged $31,556 in march, down from a peak of $32,889 in april 2022 but still 33% more than march 2020’s $23,691.
Average Used Car Pricing In 2024 Will Drop In The Region Of 2.5 Per Cent A Month During 2024 In My Opinion.’ What’s Next For Used Ev Prices?