US EditionEdmunds: What you need to know about rising used car prices
- Used car prices are rising again due to tight supply and cautious buying, according to the latest Edmunds’ Used Car Report.
- The average transaction price for a three-year-old used vehicle has reached $30,522, marking a 2.3% increase from last year.
- This marks the first time since mid-2023 that prices have surpassed the $30,000 mark.
- The average used vehicle spent 38 days on a dealer’s lot before being sold in early 2025.
- The used car market in 2025 remains unpredictable.
33 Articles
33 Articles
Associated Press News
Edmunds: What you need to know about rising used car prices
Used car prices are climbing again, driven by tight supply and cautious buying. According to Edmunds, 3-year-old vehicles now sell for more than $30,000 on average, an increase of more than 2% from a year ago.
Although not the latest version, the selling price of used Mazda CX-5 cars on the market is higher than the listed price of brand new cars.
Buying a new car is not always a health walk. Indeed, you must already take stock of your needs, your desires and your budget. Then go through the online sales sites and the concessions to find the car that fits all that. And that's not all. Because opting for a new car requires waiting for long months. Moreover, its value then falls quickly and considerably. In fact, choosing a used model remains the most economical way to change car. Especiall…
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