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.

Used Car Prices YoY in the United States decreased to 2.90 percent in July from 6.30 percent in June of 2025. This dataset includes a chart with historical data for the United States Used Car Prices YoY.

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 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.

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Graph and download economic data for Consumer Price Index for All Urban Consumers: New Vehicles in U.S. City Average (CUSR0000SETA01) from Jan 1953 to Jun 2025 about vehicles, urban, new, consumer, CPI, inflation, price index, indexes, price, and USA.

Used Car Prices MoM in the United States decreased to -0.50 percent in July from 1.60 percent in June of 2025. This dataset includes a chart with historical data for the United States Used Car Prices MoM.

This statistic shows the Consumer Price Index (CPI) of second hand car purchases in the United Kingdom (UK) as an annual average from 2008 to 2023, where the year 2015 equals 100. In 2023 the annual average price index value of second hand car purchases was measured at *****.

The car_price.csv file contains a dataset of various car-models.

The dataset contains 205 rows and 26 columns(features) of which 25 are independent features. Below shows a detailed information of feature names with its labels and datatypes.

It is a regression problem where with the various features we are expected to predict the price of a car.

The dataset doesn't contain any null values.

Independent features:

Features Labels Datatype

symboling 6 int64 fueltype 2 object aspiration. 2 object doornumber. 2 object carbody 5 object drivewheel 3 object enginelocation 2 object wheelbase 53 float64 carlength 75 float64 carwidth 44 float64 carheight 49 float64 curbweight 171 int64 enginetype 7 object cylindernumber 7 object enginesize 44 int64 fuelsystem 8 object boreratio 38 float64 stroke 37 float64 compressionratio 32 float64 horsepower 59 int64 peakrpm 23 int64 citympg 29 int64 highwaympg 30 int64

**Target/Dependent variable: ** For the dataset we have price as our dependent feature with its datatype float64, hence using Regression Models we are expected to predict the value of price

Features Labels Datatype

price 189 float64

Switzerland had the highest price tags on new passenger cars sold in 2020, overtaking Norway for the first time in five years. Swiss people had to dig deeper into their pockets than any of their European neighbors, with prices roughly 15,000 euros higher than the EU-28 average. Reasons for automobiles being so costly in Switzerland are partly due to tax rates, which are set by each canton based on a set of varying criteria including but not limited to vehicle weight, powertrain, and CO2 emissions. These incentives contribute to making larger, heavier vehicles using petrol and diesel engines more expensive. The only vehicles exempt from taxes in selected cantons were electric cars. Electric vehicles are extremely popular in Norway, second in the ranking in terms of average vehicle price, in parts due to the VAT and tolls exemptions for electric vehicles in the country. Norwegian buyers are able to spend more on high-tech models.

Car tax rates in Nordic countries higher on average
Other European countries with a 25 percent tax rate on acquisition are Croatia, Denmark and Sweden, while those in Hungary even exceeded Norwegian rates by two percent. As seen in this statistic higher tax rates on passenger cars translates to higher prices overall. Sweden and Denmark both appeared in the top seven most expensive car buying countries. Hence, in terms of volume of new car registrations, Northern European countries trailed behind not only their more populous neighbors, but also other smaller countries where tax rates were lower.

Prices for passenger cars to stay stable
Prices for passenger cars were forecast to stay relatively stable in the next three years, with only slight increases expected. Luxury cars were the only group where price change was estimated to be more prominent.

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.

India: Vehicle prices, world average = 100: The latest value from 2021 is 69.77 index points, a decline from 79.3 index points in 2017. In comparison, the world average is 108.07 index points, based on data from 165 countries. Historically, the average for India from 2017 to 2021 is 74.54 index points. The minimum value, 69.77 index points, was reached in 2021 while the maximum of 79.3 index points was recorded in 2017.

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.

United States - Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average was 183.41900 Index 1982-84=100 in July of 2025, 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 216.87600 in February of 2022 and a record low of 20.00000 in March of 1956. 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 August of 2025.

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United States Manheim Used Vehicle Value Index: Price Change: MoM data was reported at 3.275 % in Apr 2025. This records an increase from the previous number of 2.655 % for Mar 2025. United States Manheim Used Vehicle Value Index: Price Change: MoM data is updated monthly, averaging 0.053 % from Feb 1997 (Median) to Apr 2025, with 339 observations. The data reached an all-time high of 9.462 % in May 2020 and a record low of -10.129 % in Apr 2020. United States Manheim Used Vehicle Value Index: Price Change: MoM data remains active status in CEIC and is reported by Manheim, Inc.. The data is categorized under Global Database’s United States – Table US.I116: Manheim Used Vehicle Value Index.

United States - Producer Price Index by Industry: New Car Dealers: New Vehicle Sales was 123.87200 Index Dec 1999=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: New Car Dealers: New Vehicle Sales reached a record high of 268.23800 in June of 2022 and a record low of 54.70000 in January of 2018. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: New Car Dealers: New Vehicle Sales - last updated from the United States Federal Reserve on July of 2025.

This statistic shows the Consumer Price Index (CPI) for new car purchases in the United Kingdom (UK) as an annual average from 2008 to 2024, where the year 2015 equals 100. In 2024, the annual average price index value of new car purchases was measured at *****, the highest recorded over the period in consideration.

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.

United States Motor Vehicle Sales: Average Price: Used Vehicle data was reported at 8,786.000 USD in 2010. This records an increase from the previous number of 8,483.000 USD for 2009. United States Motor Vehicle Sales: Average Price: Used Vehicle data is updated yearly, averaging 8,130.000 USD from Dec 1990 (Median) to 2010, with 21 observations. The data reached an all-time high of 8,786.000 USD in 2010 and a record low of 5,857.000 USD in 1990. United States Motor Vehicle Sales: Average Price: Used Vehicle data remains active status in CEIC and is reported by Bureau of Transportation Statistics. The data is categorized under Global Database’s United States – Table US.RA004: Motor Vehicle Sales: Average Price.