The statistic represents the average price of new and used passenger cars sold and leased in the United States between 1990 and 2010. In 2000, a new vehicle had an average price of 21,850 U.S. dollars.

Car manufacturing is one of the core industries of the German economy. Prices for new cars fluctuated somewhat during the specified time period, but generally grew. Most recently a new car cost 44,630 euros on average.

Global reputation

Germany is home to some of the most recognized and purchased automobile brands in the world. These brands are sold internationally and have enjoyed long-standing success. Based on new car registration figures, Volkswagen had the highest market share compared to other names. Mercedes and Audi made up the top three. Volkswagen also bought other car brands in recent years, among them Porsche. The leading car models among German new car buyers were from Volkswagen. Consumers particularly favored the VW Golf, the VW T-Roc and the VW Tiguan.

New car market future

In 2023, the most new passenger cars registered in Germany by far were produced domestically. Other leading production countries included Japan and South Korea, and Czechia in the European Union. The industry is still recovering from the effects of halted production during the coronavirus (COVID-19) pandemic, as well as facing challenges due to the energy and supply crisis following the beginning of the Russia-Ukraine war in February 2022.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average (CUSR0000SETA02) from Jan 1953 to Feb 2025 about used, trucks, vehicles, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

Germany Vehicle Cost Index: Passenger Car data was reported at 110.100 2000=100 in 2007. This records an increase from the previous number of 106.700 2000=100 for 2006. Germany Vehicle Cost Index: Passenger Car data is updated yearly, averaging 104.900 2000=100 from Dec 2002 (Median) to 2007, with 6 observations. The data reached an all-time high of 110.100 2000=100 in 2007 and a record low of 102.500 2000=100 in 2002. Germany Vehicle Cost Index: Passenger Car data remains active status in CEIC and is reported by German Association of the Automotive Industry. The data is categorized under Global Database’s Germany – Table DE.RA015: Vehicle Cost Index (2000=100).

Graph and download economic data for Consumer Price Index for All Urban Consumers: New Vehicles in U.S. City Average (CUUR0000SETA01) from Mar 1947 to Jan 2025 about vehicles, urban, new, consumer, CPI, inflation, price index, indexes, price, and USA.

Used car prices in Germany have increased significantly since 2018, though 2023 saw a drop across some sales channel categories. Free trade vehicles recorded a decrease, with figures falling to around 15,700 euros in 2023. Prices of used cars sold through brand trading have always been historically higher. New and old Germany is a leader on the global car market, with car brands and production quality of long- standing. Volkswagen, Mercedes, and BMV are among the first of many names that come to mind. Consumers may therefore be motivated to buy new cars by various means of financing, considering it a good investment for the future. Of course, new car prices differ significantly compared to used vehicles, with a new car costing an average of around 44,630 euros in 2023. Prices had grown in recent years, both due to the far-reaching effects of COVID-19 restrictions on industrial production and the energy crisis following the beginning of the Russia-Ukraine war. Drivers looking to buy a car are faced with familiar cost-related decisions regarding whether they buy new or second-hand, but higher fuel prices across the board are an issue facing all vehicle owners. A market with a future The German used car market is expected to grow in the coming years, with around 114.6 billion U.S. dollars predicted for 2025. Besides potentially contributing to sustainability and environmental protection goals, selling used cars is a business going beyond Germany’s borders. For example, Poland was Germany’s leading second-hand vehicle market by far when compared to other European countries, with around 422.3 cars imported in 2023.

The U.S. auto industry sold nearly three million cars in 2024. That year, total car and light truck sales were approximately 15.9 million in the United States. U.S. vehicle sales peaked in 2016 at roughly 17.5 million units. Pandemic impact The COVID-19 pandemic deeply impacted the U.S. automotive market, accelerating the global automotive semiconductor shortage and leading to a drop in demand during the first months of 2020. However, as demand rebounded, new vehicle supply could not keep up with the market. U.S. inventory-to-sales ratio dropped to its lowest point in February 2022, as Russia's war on Ukraine lead to gasoline price hikes. During that same period, inflation also impacted new and used car prices, pricing many U.S. consumers out of a market with increasingly lower car stocks. Focus on fuel economy The U.S. auto industry had one of its worst years in 1982 when customers were beginning to feel the effects of the 1973 oil crisis and the energy crisis of 1979. Since light trucks would often be considered less fuel-efficient, cars accounted for about 77 percent of light vehicle sales back then. Thanks to improved fuel economy for light trucks and cheaper gas prices, this picture had completely changed in 2020. That year, prices for Brent oil dropped to just over 40 U.S. dollars per barrel. The decline occurred in tandem with lower gasoline prices, which came to about 2.17 U.S. dollars per gallon in 2020 - and cars only accounted for less than one-fourth of light vehicle sales that year. Four years on, prices are dropping again, after being the highest on record since 1990 in 2022.

Graph and download economic data for Consumer Price Index for All Urban Consumers: New and Used Motor Vehicles in U.S. City Average (CUSR0000SETA) from Jan 1993 to Feb 2025 about used, vehicles, urban, new, consumer, CPI, inflation, price index, indexes, price, and USA.

Electronics systems have vastly improved vehicle safety over the evolution of the car, such as airbags and anti-lock braking systems. In 2030, it is forecasted that on average, electronic systems will account for half of the total price of a new car.

Germany Vehicle Cost Index: Repairs Servicing etc data was reported at 117.200 2000=100 in 2007. This records an increase from the previous number of 113.200 2000=100 for 2006. Germany Vehicle Cost Index: Repairs Servicing etc data is updated yearly, averaging 110.150 2000=100 from Dec 2002 (Median) to 2007, with 6 observations. The data reached an all-time high of 117.200 2000=100 in 2007 and a record low of 104.700 2000=100 in 2002. Germany Vehicle Cost Index: Repairs Servicing etc data remains active status in CEIC and is reported by German Association of the Automotive Industry. The data is categorized under Global Database’s Germany – Table DE.RA015: Vehicle Cost Index (2000=100).

As of December 2022, full-size SUV/crossover vehicles had an average transaction price of nearly 80,000 U.S. dollars. This represented an average price increase of approximately 2.6 percent for the vehicle type. Sport utility vehicles made up most of the best-selling passenger vehicle models in the United States in 2022.

Germany Vehicle Cost Index: Vehicle Insurance data was reported at 98.200 2000=100 in 2007. This records an increase from the previous number of 96.500 2000=100 for 2006. Germany Vehicle Cost Index: Vehicle Insurance data is updated yearly, averaging 100.450 2000=100 from Dec 2002 (Median) to 2007, with 6 observations. The data reached an all-time high of 104.500 2000=100 in 2002 and a record low of 96.500 2000=100 in 2006. Germany Vehicle Cost Index: Vehicle Insurance data remains active status in CEIC and is reported by German Association of the Automotive Industry. The data is categorized under Global Database’s Germany – Table DE.RA015: Vehicle Cost Index (2000=100).

Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in U.S. City Average (APU000074714) from Jan 1976 to Feb 2025 about energy, gas, retail, price, and USA.

Germany Vehicle Cost Index data was reported at 119.300 2000=100 in 2007. This records an increase from the previous number of 115.600 2000=100 for 2006. Germany Vehicle Cost Index data is updated yearly, averaging 110.750 2000=100 from Dec 2002 (Median) to 2007, with 6 observations. The data reached an all-time high of 119.300 2000=100 in 2007 and a record low of 104.300 2000=100 in 2002. Germany Vehicle Cost Index data remains active status in CEIC and is reported by German Association of the Automotive Industry. The data is categorized under Global Database’s Germany – Table DE.RA015: Vehicle Cost Index (2000=100).

Russia Average Export Price: CIS: Passenger Car data was reported at 13,888.000 USD in 2017. This records an increase from the previous number of 12,192.000 USD for 2016. Russia Average Export Price: CIS: Passenger Car data is updated yearly, averaging 6,309.000 USD from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 13,888.000 USD in 2017 and a record low of 3,289.000 USD in 2000. Russia Average Export Price: CIS: Passenger Car data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PC005: Average Export Price: Annual.

Key information about China Motor Vehicles Sales Growth

• China Motor Vehicles Sales dropped 0.6 % in Jan 2025, compared with a growth of 10.5 % in the previous month.
• China Motor Vehicles Sales Growth rate is updated monthly, available from Jan 2001 to Jan 2025, with an average growth rate of 9.9 %.
• The data reached an all-time high of 369.4 % in Feb 2021 and a record low of -79.1 % in Feb 2020.
• Car Sales of China recorded 2,423,494.0 units in Jan 2025.

As of March 2022, sport utility vehicles were the most expensive vehicle type in the United Kingdom, costing on average just over 38,000 British pounds. In contrast, city cars were more affordable, with prices averaging 13,600 British pounds.

Graph and download economic data for Average Finance Rate of Used Car Loans at Finance Companies, Amount of Finance Weighted (RIELPCFAUNQ) from Q1 2008 to Q4 2024 about used, finance companies, financing, companies, finance, financial, average, vehicles, loans, rate, and USA.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Motor Vehicle Maintenance and Repair in U.S. City Average (CUSR0000SETD) from Jan 1967 to Feb 2025 about vehicles, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

A dataset of vehicle MPG ratings and fuel cost calculations based on manufacturer, model, and fuel type.