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.

In 2024, the average selling price of used vehicles came to around ****** U.S. dollars. In 2024, new automobiles and light trucks were on average almost ****** U.S. dollars more expensive than used light vehicles. The used car boom As the price for new vehicles has been increasing, more Americans are turning towards buying second-hand cars and light trucks. Buying new cars and light trucks is typically seen as a privilege that few may do often. Generally, used vehicle sales are on the rise in most countries. Thanks to ever-improving technology, automobiles may keep running for many years and remain in good condition. This allows the average age of light vehicles in operation in the United States to increase slowly. Although new cars are often seen as status symbols, vintage cars are also very popular in the United States, the main reason for this trend being aesthetic and cultural values.

In 2024, the average purchase value for a used automobile in Japan was around **** million Japanese yen, decreasing from **** million Japanese yen in the previous year. The most commonly purchased price range for used cars was usually between *** thousand and one million Japanese yen. Outlooks for Japan’s used auto-market The recent trends have been encouraging; registrations of used cars indicate a vivid circulation, and the average value of used car purchases remained high in 2024. Clients in their 20s and 30s contributed slightly more to the used vehicle market than their older peers. The used EV-market: small steps Another issue in the automotive world is CASE (connected, autonomous, shared and service, and electrified vehicles). As the government pushes domestic dealers to substitute their lineup of new passenger cars with electrified models by 2035, this government policy would have implications for the used auto market once implemented. One result would be a larger supply of used electrics, whose market is currently in its infancy. Because used cars and commercial vehicles are not affected by the announced 2035 sales ban, EVs may remain a niche product in the used car market for longer than that.

The average for 2021 based on 165 countries was 108.07 index points. The highest value was in Singapore: 355.77 index points and the lowest value was in Syria: 58.27 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

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

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 Jun 2025 about vehicles, urban, new, consumer, CPI, inflation, price index, indexes, price, and USA.

In 2024, the average price for a new petrol car was approximately ****** euros in the Netherlands. Plug-in hybrid cars were the second most expensive, costing ****** euros on average. Segments Across all segments, the large luxury car segment came with the highest price tag, costing nearly ******* euros on average. Mini cars can be found at the other end of the price spectrum. In 2023, their average was at ****** euros. Efforts to go green The Dutch government promotes zero-emission vehicles, mainly all-electric vehicles but also plug-in hybrid electric vehicles and vehicles with hydrogen electric fuel cells. As a result of these efforts, the share of electric passenger car sales rose to almost ***** percent in 2023.

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.

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

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US Used Car Market Size 2025-2029

The us used car market size is forecast to increase by USD 40.2 billion at a CAGR of 4.3% between 2024 and 2029.

The used car market in the US exhibits robust growth, driven by the excellent value proposition that pre-owned vehicles offer to consumers. This market trend is further bolstered by the increasing penetration of online platforms dedicated to selling used cars, providing greater convenience and accessibility for buyers. However, the market faces regulatory challenges as stricter emission regulations limit the sale of non-compliant used cars, necessitating investments in upgrading inventory and adhering to regulatory frameworks. These hurdles, while significant, can be navigated through strategic partnerships with emission testing centers and ongoing investment in fleet modernization. Companies that effectively address these challenges and leverage the opportunities presented by the growing demand for used cars and the digital shift in sales channels will thrive in this dynamic market.

What will be the size of the US Used Car Market during the forecast period?

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In the dynamic used car market, consumers face various challenges such as car scams and fraudulent activities. To mitigate risks, car buyers turn to comprehensive car buying guides and car detailing services. A VIN number check is essential for vehicle identification and history assessment, while emissions testing ensures environmental compliance. Car sharing and subscription services offer flexible mobility solutions. Vehicle registration and title transfer processes can be streamlined through digital means, and car refurbishment and connected car technology enhance safety and convenience. Blind spot monitoring and adaptive cruise control are popular safety features, while collision avoidance systems and lane departure warning systems provide added protection. Used car logistics and online financing applications simplify the purchasing process, and extended warranties offer peace of mind. Wireless charging, smartphone integration, and vehicle diagnostics are essential features for modern cars. Sustainable mobility and car comparison tools cater to eco-conscious consumers, while car maintenance schedules and roadside assistance ensure long-term vehicle care. Remote vehicle inspection and car care tips help maintain a car's resale value, and car subscription services offer flexible ownership alternatives. Used car fraud prevention and vehicle identification technologies protect buyers from potential risks. Car safety ratings and vehicle identification numbers are crucial tools for informed decision-making.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. Distribution Channel3P channel salesOEM channel salesProductMid sizeFull sizeCompact sizeVendor TypeOrganizedUnorganizedFuel TypeDieselPetrolGeographyNorth AmericaUS

By Distribution Channel Insights

The 3p channel sales segment is estimated to witness significant growth during the forecast period.

The used car market in the US is a dynamic and significant sector, with numerous entities shaping its activity. Used car buyers continuously seek value, leading to a high demand for pre-owned vehicles. Search engine optimization and online advertising play crucial roles in connecting buyers with sellers, whether they're private parties or car dealerships. Wholesale car lots and auctions provide inventory for dealerships, ensuring a steady supply of used cars. Fleet vehicles, often traded in for newer models, contribute to the used car inventory. Maintenance records and vehicle history reports are essential for buyers, influencing their purchasing decisions. Safety features, infotainment systems, and driver assistance are increasingly desired in used cars, especially among budget-conscious consumers and luxury car buyers. Electric and hybrid vehicles are gaining popularity, driving the demand for used models in these categories. Car negotiation, fuel economy, and vehicle valuation are essential factors in used car selling. Digital marketing, including social media, mobile apps, and data analytics, helps sellers reach a wider audience. Certified pre-owned vehicles, reconditioned cars, and consignment sales offer buyers additional options and peace of mind. Car financing, vehicle inspections, and warranties are essential components of the used car buying process. Autonomous driving technology and car pricing trends continue to evolve, impacting the used car market. As the average ownership cycle shortens, the market will see an increase in the availability of used cars, making it an exciting and ever-changing landscape for both buyers and sellers.

D

China Automobile Price: DM: Passenger Car (PC) data was reported at 127,000.000 RMB/Unit in Aug 2023. This records a decrease from the previous number of 127,500.000 RMB/Unit for Jul 2023. China Automobile Price: DM: Passenger Car (PC) data is updated monthly, averaging 106,652.000 RMB/Unit from Jan 2007 (Median) to Aug 2023, with 196 observations. The data reached an all-time high of 128,800.000 RMB/Unit in Mar 2023 and a record low of 102,200.000 RMB/Unit in Nov 2012. China Automobile Price: DM: Passenger Car (PC) data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PB: Price Monitoring Center, NDRC: Automobile Price.

The Price of New Cars represents the Producer Price Index (PPI) for new passenger vehicles in the United States, with a base year of 1984 = 100. This index measures the average change over time in the selling prices received by domestic producers for new automobiles, reflecting wholesale price movements before reaching consumers. Data is sourced from the US Bureau of Labor Statistics.

In 2024, the average purchase value for a used automobile among buyers in their thirties in Japan was around **** million Japanese yen. This was the age cohort that spent on average the highest price per used vehicle.

The graph displays the number of retail car sales in the United States from 1976 to 2025. The x-axis represents the years, ranging from 1976 to 2025, while the y-axis indicates the number of cars sold, spanning from 10,357,300 to 17,477,300. Throughout this period, car sales exhibit significant fluctuations, with the highest sales of 17,477,300 units occurring in 2016 and the lowest of 10,357,300 units in 1982. Overall, the data reveals an upward trend in retail car sales over the decades, despite occasional declines during certain years. The information is presented in a line graph format, effectively highlighting the annual variations and long-term growth in car sales within the United States.

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Car Fleet Leasing Market in US Report 2021-2025

The car fleet leasing market in US has the potential to grow by USD 149.17 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 1.27%.

This car fleet leasing market research in US report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (IT industry, food and beverage industry, pharmaceuticals industry, and others), and type (open-end lease and close-end lease).

What will the Car Fleet Leasing Market Size in the US be in 2021?

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Car Fleet Leasing Market in US: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growth of auto leasing market in the US is notably driving the car fleet leasing market growth in US , although factors such as market uncertainty may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the car fleet leasing industry in US get your FREE report sample now.

      The vehicle price in the US is increasing year-over-year.
      Many major car manufacturers have been increasing their selling price in recent years.
      Although the millennial population is increasing, the US still has around 48% of the middle-class population who are not in the position to afford this price hike. This forces them to opt for a leasing of vehicles.
      There is a USD 100 difference in new vehicle purchase and vehicle lease.
      Experian, one of the automotive lending companies, found that the first quarter payment for an average new vehicle loan is around USD 488, whereas the first quarter lease payment for an average vehicle is around USD 405.
      Experian also found the use of leased vehicles in the market is growing rapidly, as the number of new vehicles registered for lease has been increasing consistently.
      The above factors shows that the car leasing market in the US will grow significantly in the future because of the middle-class population, who face financial difficulties in affording a car due to the car price hike.




      The SME sector in the Americas is growing at a faster pace.
      There are more than 650,000 franchised small businesses in the US, which account for 40% of all retail sales.
      The SME sector is also in a position to take care of employee convenience services such as the big business sectors, to retain their employees.
      The only problem that SMEs face is related to access to finance.
      As they are an emerging sector, they need a significant capital to grow their core business.
      In this phase, non-core capital investments, including employee-transportation vehicles, can take away the liquidity needed for their business.
      SMEs opt for vehicle leasing. Over the past four years, a significant number of SMEs in the US market made use of vehicle leasing.
      Opting for vehicle leasing allows SMEs to finance the full purchase price of the vehicle without any collateral.
      Car fleet leasing reduces the overall fleet maintenance burden on SMEs.
      SMEs opting for vehicle leasing owing to cost advantages will drive the car fleet leasing market growth in the coming years.

This car fleet leasing market analysis in US report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Car Fleet Leasing Market in US Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

ALD SA
Arval Service Lease
Autoflex Leasing
Avis Budget Group Inc.
Corporate Fleet Services Inc.
Enterprise Holdings Inc.
Hertz Global Holdings Inc.
LeasePlan Corp. NV
Sixt SE
Wheels Inc.

The car fleet leasing market in US is fragmented and the vendors are deploying growth strategies such as technological advancement to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the car fleet leasing market forecast in US report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

What are the Revenue-generating End-user Segment

The average for 2021 based on 50 countries was 107.42 index points. The highest value was in Democratic Republic of the Congo: 155.7 index points and the lowest value was in Sudan: 64.38 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

In 2023, the average price of an upper medium passenger car from the E segment was close to ******* euros in the Netherlands, whereas segments A and B had average prices of ****** and ****** euros, respectively.

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UK Used Car Market Size 2025-2029

The uk used car market size is forecast to increase by USD 39.5 billion, at a CAGR of 6.2% between 2024 and 2029.

The Used Car Market in the UK is driven by the excellent value for money proposition that pre-owned vehicles offer, making them an attractive alternative to new cars for many consumers. Another significant trend shaping the market is the increasing preference for car subscription services, which provide flexibility and convenience for customers. However, the market also faces challenges, including the growing importance of digital touchpoints in the car buying process and the need for dealers to adapt and improve their online presence. Additionally, the rise of car subscription services poses a threat to traditional dealership models, requiring dealers to explore new business models and revenue streams to remain competitive. Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on enhancing their digital presence, offering flexible and convenient purchasing options, and exploring partnerships with car subscription services.

What will be the size of the UK Used Car Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The used car market in the UK is influenced by various factors, including the exterior and interior condition of the vehicles, financial history, economic trends, and consumer demand. Financially sound buyers prefer cars with well-maintained exteriors and interiors, ensuring lower car ownership costs in the long run. Economic trends, such as inflation and interest rates, impact car financing options and vehicle affordability. Maintaining a vehicle's fuel consumption within acceptable limits and adhering to the vehicle maintenance schedule is crucial for reliable performance and resale value. Financial institutions consider a vehicle's title, accident history, and service records when assessing car financing options. Emerging technologies, such as electric vehicles and autonomous driving, are transforming the industry, while insurance coverage, safety ratings, and vehicle age & mileage remain essential factors in consumer decision-making. Previous owners, engine size & type, transmission options, and vehicle features & equipment also influence consumer preferences. Car repair costs, loan terms, car financing options, and industry innovations contribute to market volatility. Registration documents, vehicle history records, and insurance coverage are essential for transparency and trust. Understanding the impact of these factors on car ownership costs is crucial for businesses operating in the UK used car market.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ChannelOrganizedUnorganizedVehicle TypeCompact carSUVMid sizeSales ChannelDealershipsOnline PlatformsPrivate SalesFuel TypePetrolDieselHybridElectricGeographyEuropeUK

By Channel Insights

The organized segment is estimated to witness significant growth during the forecast period.

The used car market in the UK is characterized by various entities that influence its dynamics and trends. Depreciation and car insurance premiums are significant factors that impact the affordability of used cars. Safety features, a priority for consumers, are increasingly being incorporated into used vehicles through refinishing and upgrades. Car rental companies offer flexible mobility solutions, while automotive technology advances drive the adoption of vehicle diagnostics and digital car retailing. Used car dealerships and online marketplaces facilitate transactions with vehicle inspections, mileage verification, and consumer reviews. Sustainable transportation initiatives and online payment systems are shaping the market, as are car leasing agreements, price elasticity, and inflation rates. Fuel efficiency, car finance options, and driving assistance systems are key considerations for buyers. Government incentives and emissions standards influence consumer spending patterns, with a growing interest in alternative fuel vehicles and hybrid car technology. Fleet management services and car maintenance costs are essential services for businesses and individuals alike. Industry regulations and consumer protection laws ensure transparency and trust in the market. Used car warranty, customer satisfaction ratings, and brand reputation are crucial factors for buyers. The market share dynamics of organized companies, including dealership chains, online marketplaces, and OEM-affiliated dealerships, are shaped by their ability to provide guara

Our data provides a highly accurate share of the total German car market volume, valuable for OEMs, dealer groups, finance companies, and market analysts. Our data covers real sales of 10% of the German automotive market, a representative sample that allows for reliable extrapolation to the entire market. We offer comprehensive data points including vehicle purchase prices, sale prices, list prices, Days in Stock, and even the value of optional equipment. It is possible to aggregate our data by customer types such as private, company or fleet. Leverage our data to forecast future sales trends and make better business decisions. Identify emerging trends before your competitors and gain a competitive advantage. The data is fully compliant with GDPR and all other relevant data privacy regulations.

Use Cases: - Identify which brands are gaining or losing market share - Monitor shifts in market share - Track emerging brands - Understand which models are most popular and how their performance changes over time - Track the popularity of specific vehicle segments - Monitor price trends and understand the impact of delivery times and inflation - Understand economic trends, supply chain issues and consumer preferences - Predict sales and order volumes for the next month, quarter, or year

We can provide KPIs such as: - Total Vehicle Sales Volume (extrapolated) for new and used vehicle sales - Ratio of used car sales to new car sales - Market growth rates MoM, QoQ, YoY - Market Shares on brand level MoM, QoQ, YoY - Aggregation on Sales Volume or Number of sold Vehicles - Sales and Orders by Model or vehicle type - Sales and Order Distribution across different vehicle types - Percentage of sales by engine type (petrol, diesel, hybrid, electric, ..) - Average Vehicle Transaction Price

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Russia Average Purchasing Price: Agricultural Machinery: Automobile: KAMAZ-5410 data was reported at 2,554.230 RUB th in Jul 2015. This records a decrease from the previous number of 2,580.050 RUB th for Jun 2015. Russia Average Purchasing Price: Agricultural Machinery: Automobile: KAMAZ-5410 data is updated monthly, averaging 1,819.000 RUB th from Jul 2005 (Median) to Jul 2015, with 121 observations. The data reached an all-time high of 2,775.360 RUB th in May 2015 and a record low of 793.650 RUB th in May 2007. Russia Average Purchasing Price: Agricultural Machinery: Automobile: KAMAZ-5410 data remains active status in CEIC and is reported by Ministry of Agriculture. The data is categorized under Russia Premium Database’s Agriculture Sector – Table RU.RIJ007: Average Purchasing Price for Agricultural Enterprises: Agricultural Machinery.