Report shows Q1 used-car retail prices calm before a potential storm
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1 Articles
Report shows Q1 used-car retail prices calm before a potential storm
As the first quarter of 2025 ended, all was calm for used-vehicle retail prices. But, Cars Commerce reported in its Q1 2025 Auto Market Review, that might have been the calm before the storm. The report, based on data from the company’s Cars.com, Dealer Inspire and AccuTrade platforms, showed used-car list prices fell 0.9% in Q1 to an average of $28,497, a decline driven in part by the diminishing supply of higher-priced late-model vehicles as t…
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