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.

In the United States, the average selling price for a new light vehicle came to around ****** U.S. dollars in 2024. New light vehicles were about *** percent more expensive in 2024 than in 2023. What is the price of a new car in the U.S.?     New automobiles and light trucks were on around ****** U.S. dollars more expensive than used light vehicles: the average selling price for used vehicles amounted to about ****** U.S. dollars in 2024. This increasing price gap between new and used vehicles is partly linked to the industry's recovery from the semiconductor shortage, which led to higher new vehicle inventory and reduced pressure on the used vehicle market. The semiconductor shortage  The hike in prices across the board recorded in 2022 can be in part attributed to the global automotive chip shortage, which started in 2021 as demand rebounded from the COVID-19 pandemic. The average price rise could be observed across segments, with new full-size SUV/crossover vehicles averaging ****** U.S. dollars as of December 2022.

Coupes and convertibles were the most expensive used car types in the United States as of February 2023, priced on average at around ****** and ****** U.S. dollars respectively. In contrast, used wagons and hatchbacks were more affordable, at an average of ****** and ****** U.S. dollars. The overall used vehicle average list price had been steadily rising between mid-year 2020 and mid-year 2022, but dipped in June 2023.

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 May 2025 about used, trucks, vehicles, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

The metropolitan area with the lowest used car average selling prices in January 2022 was located in Connecticut, recording an average price of close to 26,100 U.S. dollars. This was close to 4,700 U.S. dollars below the national average.

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.

United States Average Transaction Price: Maker: Ford data was reported at 53,414.000 USD in Mar 2025. This records a decrease from the previous number of 54,087.000 USD for Feb 2025. United States Average Transaction Price: Maker: Ford data is updated monthly, averaging 54,223.000 USD from Jul 2020 (Median) to Mar 2025, with 57 observations. The data reached an all-time high of 57,027.000 USD in Dec 2022 and a record low of 44,970.000 USD in May 2021. United States Average Transaction Price: Maker: Ford data remains active status in CEIC and is reported by Cox Automotive. The data is categorized under Global Database’s United States – Table US.RA011: New Vehicle Average Transaction Price.

The metropolitan areas with the highest used car average selling prices in January 2022 were both located in Florida, with the West Palm Beach-Fort Pierce area recording an average price of close to 36,500 U.S. dollars. This was close to 5,700 U.S. dollars more than the national average.

The average transaction prices for new vehicles in the United States have increased between December 2021 and December 2022. Tata Motors, which counts Jaguar Land Rover Automotive among its subsidiaries, recorded the highest average transaction price across automakers, followed by Daimler in December 2022.

As of 2022, the average price for a new car in the Netherlands amounted to roughly ****** euros. This increased by May 2023, when the price increased to just over ****** euros.

United States Average Transaction Price: Maker: Honda data was reported at 37,537.000 USD in Mar 2025. This records an increase from the previous number of 37,092.000 USD for Feb 2025. United States Average Transaction Price: Maker: Honda data is updated monthly, averaging 36,235.000 USD from Jul 2020 (Median) to Mar 2025, with 57 observations. The data reached an all-time high of 38,200.000 USD in Jul 2022 and a record low of 28,940.000 USD in Jul 2020. United States Average Transaction Price: Maker: Honda data remains active status in CEIC and is reported by Cox Automotive. The data is categorized under Global Database’s United States – Table US.RA011: New Vehicle Average Transaction Price.

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 ****** 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.

In 2022, about 16 million used cars had been sold in China, a decrease of some nine percent compared to 2021. During the past twelve years, used vehicle transactions in China have increased approximately 3.5 times from 3.9 million units in 2010.

Used car market sales

There had been remarkable growth in the demand for used car in China. In 2022, the overall used car sales revenue amounted to approximately 1.06 billion yuan, which has been growing for the past years from 178 billion yuan in 2010. This six-fold increase displays the remarkable growth in demand for used vehicles in China. Over 60 percent of used vehicles traded had been passenger cars. The steady year-on-year growth of the used car market has led to its increasing share of the overall Chinese auto market. In 2020, around 14.3 million sold used cars stood against 19.7 million registered new cars in China.

Potential of used car market

The used car market in China has tremendous potential. China has been the world’s largest market for passenger cars since 2008, reaching a sales volume of approximately 23.6 million units in 2022. Average price of second handed vehicles has increased to over 60,000 yuan since 2017.

United States Average Transaction Price: Category: Luxury Car data was reported at 58,248.000 USD in Mar 2025. This records an increase from the previous number of 55,620.000 USD for Feb 2025. United States Average Transaction Price: Category: Luxury Car data is updated monthly, averaging 63,749.000 USD from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 78,618.000 USD in Nov 2022 and a record low of 46,353.000 USD in Oct 2023. United States Average Transaction Price: Category: Luxury Car data remains active status in CEIC and is reported by Cox Automotive. The data is categorized under Global Database’s United States – Table US.RA011: New Vehicle Average Transaction Price.

United States Average Transaction Price: Category: High-End Luxury Car data was reported at 119,740.000 USD in Mar 2025. This records a decrease from the previous number of 120,426.000 USD for Feb 2025. United States Average Transaction Price: Category: High-End Luxury Car data is updated monthly, averaging 116,811.000 USD from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 125,187.000 USD in Nov 2022 and a record low of 95,801.000 USD in Sep 2024. United States Average Transaction Price: Category: High-End Luxury Car data remains active status in CEIC and is reported by Cox Automotive. The data is categorized under Global Database’s United States – Table US.RA011: New Vehicle Average Transaction Price.

United States - Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average was 179.14400 Index 1982-84=100 in July of 2024, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average reached a record high of 209.81400 in January of 2022 and a record low of 107.60000 in July of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average - last updated from the United States Federal Reserve on July of 2025.

Used car prices have been increasing across all vehicle age groups in Spain between 2021 and 2022, with used cars between 10 and 15 years old recording the steepest price inflation. This age group's average price was up **** percent year-over-year, reaching around ***** euros in 2022. In contrast, cars between *** and three years old reported a slower inflation, costing approximately ****** euros in 2022—**** percent more than in 2021.

In 2023, approx. 96K units of passenger cars were imported into Egypt; surging by 4% compared with 2022 figures.

Avg Consumer Price: Passenger Car: New Domestic: NW: City of St Petersburg data was reported at 1,064,151.710 RUB in Oct 2022. This records a decrease from the previous number of 1,065,678.500 RUB for Sep 2022. Avg Consumer Price: Passenger Car: New Domestic: NW: City of St Petersburg data is updated monthly, averaging 304,410.175 RUB from Jan 2003 to Oct 2022, with 238 observations. The data reached an all-time high of 1,078,132.560 RUB in Aug 2022 and a record low of 149,129.900 RUB in Apr 2003. Avg Consumer Price: Passenger Car: New Domestic: NW: City of St Petersburg data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Automobile Sector – Table RU.RAF001: Average Consumer Price: Passenger Car: New.

Avg Consumer Price: Passenger Car: New Domestic: NW: Pskov Region data was reported at 1,263,390.910 RUB in Feb 2025. This stayed constant from the previous number of 1,263,390.910 RUB for Jan 2025. Avg Consumer Price: Passenger Car: New Domestic: NW: Pskov Region data is updated monthly, averaging 324,284.350 RUB from Jan 2003 (Median) to Feb 2025, with 266 observations. The data reached an all-time high of 1,643,417.970 RUB in Mar 2022 and a record low of 142,135.650 RUB in Mar 2003. Avg Consumer Price: Passenger Car: New Domestic: NW: Pskov Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Automobile Sector – Table RU.RAF001: Average Consumer Price: Passenger Car: New.