Used Car Prices YoY in the United States decreased to 1.70 percent in August from 2.90 percent in July of 2025. This dataset includes a chart with historical data for the United States Used Car Prices YoY.

Gain valuable insights into the automotive market with our comprehensive Car Prices Dataset. Designed for businesses, analysts, and researchers, this dataset provides real-time and historical car pricing data to support market analysis, pricing strategies, and trend forecasting.

Dataset Features

Vehicle Listings: Access detailed car listings, including make, model, year, trim, and specifications. Ideal for tracking market trends and pricing fluctuations. Pricing Data: Get real-time and historical car prices from multiple sources, including dealerships, marketplaces, and private sellers. Market Trends & Valuations: Analyze price changes over time, compare vehicle depreciation rates, and identify emerging pricing trends. Dealer & Seller Information: Extract seller details, including dealership names, locations, and contact information for lead generation and competitive analysis.

Customizable Subsets for Specific Needs Our Car Prices Dataset is fully customizable, allowing you to filter data based on vehicle type, location, price range, and other key attributes. Whether you need a broad dataset for market research or a focused subset for competitive analysis, we tailor the dataset to your needs.

Popular Use Cases

Market Analysis & Pricing Strategy: Track vehicle price trends, compare competitor pricing, and optimize pricing strategies for dealerships and resellers. Automotive Valuation & Depreciation Studies: Analyze historical pricing data to assess vehicle depreciation rates and predict future values. Competitive Intelligence: Monitor competitor pricing, dealership inventory, and promotional offers to stay ahead in the market. Lead Generation & Sales Optimization: Identify potential buyers and sellers, track demand for specific vehicle models, and enhance sales strategies. AI & Predictive Analytics: Leverage structured car pricing data for AI-driven forecasting, automated pricing models, and trend prediction.

Whether you're tracking car prices, analyzing market trends, or optimizing sales strategies, our Car Prices Dataset provides the structured data you need. Get started today and customize your dataset to fit your business objectives.

The European used car market continues to experience elevated prices, with the Harmonized Consumer Price Index for used cars in the Euro area reaching 121.24 in February 2025. This represents a significant increase of 21.24 points compared to the base year. The upward trend in used car prices began in early 2021 and has yet to show substantial signs of returning to pre-pandemic levels. Despite this persistent elevation, there is a growing sentiment among industry professionals that prices may start to stabilize or even decrease in the near future. Dealer expectations and market dynamics A December 2024 survey revealed that over 40 percent of European used car dealers anticipated a decrease in used car prices for 2025. This expectation aligns with the recent flattening of the price index curve observed in late 2024 and early 2025. However, about a third of the surveyed dealers believed prices would remain stable, indicating a divided outlook on the market's future direction. Consumer behavior and regional variations The used car market continues to play a significant role in vehicle ownership, particularly among younger Europeans. Nearly 60 percent of household cars available to people under 30 years old in Europe were purchased as used vehicles. This trend varies across countries, with France and Norway showing higher rates of used car ownership among young people compared to Southern European countries like Spain and Italy. Additionally, regional differences in used car mileage and transaction volumes highlight the diverse nature of the European used car market. Spain, for instance, reported the highest year-over-year increase in used car transactions as of the fourth quarter of 2024, with a 12.3 percent rise.

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

View monthly updates and historical trends for US Consumer Price Index: Used Cars and Trucks. Source: Bureau of Labor Statistics. Track economic data with…

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.

Used Car Prices MoM in the United States increased to 0 percent in August from -0.50 percent in July of 2025. This dataset includes a chart with historical data for the United States Used Car Prices MoM.

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Used Car Market Size 2025-2029

The used car market size is valued to increase by USD 885.3 billion, at a CAGR of 7.4% from 2024 to 2029. Increasing number of new models of cars launched due to high competition will drive the used car market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 41% growth during the forecast period.
By Vehicle Type - Compact segment was valued at USD 856.10 billion in 2023
By Channel - Organized segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 67.95 billion
Market Future Opportunities: USD 885.30 billion
CAGR from 2024 to 2029 : 7.4%

Market Summary

The market, a significant and dynamic sector of the global automotive industry, experienced a record-breaking year in 2021. According to the International Organization of Motor Vehicle Manufacturers, approximately 35 million used cars were sold worldwide, marking a 5% increase compared to the previous year. This growth can be attributed to several key drivers. First, the increasing number of new models launching due to heightened competition has led to a larger supply of used cars. Moreover, the growing demand for car subscription services and car-sharing platforms has created new opportunities for consumers to access affordable, flexible transportation solutions. The market's evolution has been shaped by various trends and challenges.
Technological advancements, such as the integration of electric and autonomous vehicle technologies, have transformed the market landscape. Additionally, changing consumer preferences, including a focus on sustainability and cost savings, have influenced market dynamics. Looking ahead, the market is expected to continue its growth trajectory. As the global population becomes increasingly urbanized and transportation needs become more diverse, the demand for used cars is likely to increase. Furthermore, the ongoing digitalization of the automotive industry will create new opportunities for innovation and disruption. In conclusion, the market is a vital and evolving sector that offers significant opportunities for businesses.
Its growth is driven by factors such as increased competition, the rise of car subscription services, and changing consumer preferences. As the market continues to adapt to technological advancements and shifting trends, it will remain a dynamic and exciting space for innovation and growth.

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

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How is the Used Car Market Segmented ?

The used car industry 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.

Vehicle Type

  Compact
  SUV
  Mid size


Channel

  Organized
  Unorganized


Fuel Type

  Diesel
  Petrol


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Vehicle Type Insights

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

The market continues to evolve, with the compact segment experiencing significant growth in APAC and Europe. This class of vehicles, positioned between subcompact and mid-size cars, gains popularity due to increasing consumer demand for personal mobility and more efficient, eco-friendly options. In densely populated regions, compact cars offer easier handling and lower emissions, contributing to a 50% market share in some regions. Popular pre-owned models like the Fiat Panda and Volkswagen Golf in Europe undergo rigorous pre-sale inspections, including body damage assessment, suspension component inspection, and mileage verification methods. Refurbishment techniques, such as automotive diagnostic tools and mechanical inspection procedures, ensure optimal engine performance and safety.

Consumer review aggregation and title verification services provide transparency, while repair cost estimation and parts replacement costs inform potential buyers. Fuel efficiency ratings, detailing services, and pre-purchase inspection checklists further enhance the buying experience. Online vehicle marketplaces employ pricing algorithms, vehicle financing options, and auction platform data to facilitate sales. Electrical system testing, maintenance record analysis, and emissions testing standards ensure transparency and safety. Safety recall checks, brake system evaluation, and fluid level checks complete the comprehensive assessment process.

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The Compact segment was valued at USD 856.10 billion in 2019 and showed a gradual increase dur

The average price in the 'Luxury Cars' segment of the passenger cars market in the United States was modeled to be ****** U.S. dollars in 2024. Between 2013 and 2024, the average price rose by ****** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The average price is forecast to decline by *** U.S. dollars from 2024 to 2029, fluctuating as it trends downward.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Luxury Cars.

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.

1) Data Introduction • The USA - 2025 - Car Price Dataset includes 13 key characteristics, including vehicle price, brand, model, year, mileage, color, and title status, based on approximately 2,500 used car transaction information in the U.S., allowing you to analyze price trends and brand-specific preferences in the 2025 U.S. used car market.

2) Data Utilization (1) USA - 2025 - Car Price Dataset has characteristics that: • This dataset includes a variety of vehicle and transaction-related characteristics, including vehicle price, brand, model, year, mileage, title status, color, vehicle identification information (vin, lot). (2) USA - 2025 - Car Price Dataset can be used to: • Used Car Price Forecasting Model Development: Using key characteristics such as brand, model, year, mileage, etc., used car price forecasting and valuation models based on machine learning can be built. • Market trends and consumer analysis: Data analysis can be used to understand market trends and consumer preferences, including yearly and brand price changes, popular models, and correlations between mileage and price.

The Canadian passenger car market expanded to $34.8B in 2024, with an increase of 2.3% against the previous year. The market value increased at an average annual rate of +2.3% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Passenger car consumption peaked in 2024 and is expected to retain growth in the near future.

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: New Vehicles in U.S. City Average (CUUR0000SETA01) from Mar 1947 to Aug 2025 about vehicles, urban, new, consumer, CPI, inflation, price index, indexes, price, and USA.

Snapshot img

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 is witnessing significant growth, driven by the excellent value proposition that used cars offer to consumers. The increasing popularity of websites dedicated to selling used cars has expanded market reach and convenience, allowing consumers to browse and purchase vehicles online. Stringent emission regulations are restricting the sales of non-compliant used cars, necessitating investments in upgrading and maintaining commercial vehicle fleets to meet regulatory requirements. These regulations necessitate investments in emission testing and certification processes, increasing operational costs for dealers. To capitalize on opportunities, dealers can focus on offering certified pre-owned vehicles and implementing robust emission testing procedures.
Additionally, leveraging digital marketing strategies and offering flexible financing options can help attract and retain customers. Overall, the used car market presents both challenges and opportunities for players, requiring strategic planning and innovation to succeed.

What will be the size of the US 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 US continues to evolve, with various sectors adapting to emerging trends and technologies. Vehicle data analysis plays a pivotal role in understanding vehicle depreciation curves and return on investment for dealers. Payment processing systems streamline sales transactions, while sales performance metrics and customer lifetime value inform strategic decision-making. Fraud detection systems ensure compliance with legal standards, and insurance cost factors influence acquisition channel efficiency. Inventory turnover rate, a key performance indicator, varies across dealerships. Compliance audits and dealer training programs maintain legal compliance and improve customer satisfaction. Market penetration rate and resale value prediction help dealers optimize pricing models.
Consumer protection laws and financing product offerings shape customer trust and loyalty. Operating costs analysis, customer service feedback, and sales conversion rates contribute to profit margin calculation. Risk assessment models, employee performance metrics, marketing spend efficiency, and pricing model validation are essential for long-term success. A recent study reveals a 5% increase in sales for dealerships implementing advanced data analytics. Industry growth is expected to reach 3% annually, driven by these evolving market dynamics.

How is this market segmented?

The US used car 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 Channel

  3P channel sales
  OEM channel sales


Product

  Mid size
  Full size
  Compact size


Vendor Type

  Organized
  Unorganized


Fuel Type

  Diesel
  Petrol


Geography

  North America

    US

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 an active and dynamic sector, driven by various factors. With the constant launch of new vehicle models, the supply of used cars increases, resulting in lower prices compared to new cars. This trend encourages car owners to sell their vehicles and upgrade to newer models, shortening the average ownership cycle. Online advertising platforms play a significant role in connecting buyers and sellers. Pre-purchase inspections and vehicle history reports ensure transparency and build trust. Repairs cost estimation and parts sourcing networks help in managing the expenses of used car ownership. Market segmentation strategies cater to different customer needs, while customer relationship management tools foster loyalty.

Emissions testing standards ensure the environmental sustainability of used vehicles. Auto appraisal value tools help in determining fair prices, and loan term comparison aids in financing decisions. Marketing campaign effectiveness is measured through customer acquisition cost and interest rate calculation. Mobile apps offer functionalities like mechanical inspection checklists, paint depth measurement, and damage assessment tools. Dealer inventory management, detailing services, and vehicle photography techniques enhance the sales process. Industry growth is expected to continue, with the used car market projected to expand by 3% annually. For instance, a dealership successfully increased its sales by 15% thr

United States - Producer Price Index by Industry: New Car Dealers: New Vehicle Sales was 102.34500 Index Dec 1999=100 in August 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 September of 2025.

The used car market is projected to reach over *** trillion U.S. dollars in 2027, up from *** trillion in 2020. This represents a compound annual growth rate of around *** percent across seven years. This growth is in part attributed to a shift in car ownership patterns across the globe, as well as the rise of online sales channels, which make used cars more accessible to customers.

In 2021, the used car market in the United Kingdom was worth around ****** billion U.S. dollars. This market size is expected to reach close to ***** billion U.S. dollars by 2027, with a compound annual growth rate of **** percent between 2022 and 2027. Used vehicles were the main passenger car segment in the country in 2021, representing some **** million sales.

The Europe Used Car Market Report is Segmented by Vehicle Type (Hatchback, Sedan, and More), Fuel Type (Gasoline, Diesel, and More), Vendor Type (Organized and Unorganized), Sales Channel (Offline and Online), Vehicle Age (0 To 2 Years, 3 To 5 Years, and More), Ownership Count (Single-Owner Vehicles and More), Price Band, Financing Type, and Country. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

1) Data Introduction • The Used Car Prices in india dataset contains information on the prices and related characteristics of used cars sold in India. • Key features include the car’s brand, model, manufacturing year, mileage, fuel type, transmission type, number of owners, engine displacement, horsepower, number of seats, and new car price.

2) Data Utilization (1) Characteristics of the Used Car Prices in india Dataset • This dataset includes various attributes related to the prices of used cars traded in India, making it useful for analyzing trends in the used car market. • It provides valuable data for analyzing and predicting the factors that affect used car prices.

(2) Applications of the Used Car Prices in india Dataset • Market Analysis: This dataset is useful for analyzing trends in the used car market, understanding price fluctuations, and identifying patterns in market demand. • Predictive Modeling: Based on the various attributes, predictive models can be developed to estimate the prices of used cars. • Business Insights: This data can be leveraged to analyze consumer preferences, market demand, and pricing strategies, helping businesses formulate their market strategies.