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.

Used Car Prices YoY in the United States decreased to 0.10 percent in February from 0.80 percent in January of 2025. This dataset includes a chart with historical data for the United States Used Car Prices YoY.

The average list price for used vehicles in the United States reached some 27,300 U.S. dollars in June 2023. This was a year-on-year decrease of around 2.8 percent of the June 2022 average, which stood at under 28,100 U.S. dollars. Used cars recorded an overall increase in prices and a decrease in more affordable stocks as a consequence of the global chip shortage which put the automotive industry at a standstill, affecting the production of new vehicles.

United States - Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average was 187.05700 Index 1982-84=100 in February 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 March of 2025.

In the first half of 2024, the average selling price of used vehicles came to around 28,300 U.S. dollars. In 2023, new automobiles and light trucks were on average almost 17,700 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.

United States - Consumer Price Index for All Urban Consumers: New Cars and Trucks in U.S. City Average was 112.04000 Index Dec 1997=100 in July of 2021, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: New Cars and Trucks in U.S. City Average reached a record high of 112.04000 in July of 2021 and a record low of 92.06600 in July of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: New Cars and Trucks in U.S. City Average - last updated from the United States Federal Reserve on March of 2025.

Except for Poland and Sweden, the online business-to-consumer used car retail price index in selected European countries had decreased or remained stable at the beginning of June 2023. In most countries surveyed, this retail index had increased compared to used car prices recorded in January 2022. France and Portugal recorded the steepest price inflation, at a price index of 106 and 105.7, respectively. In contrast, used cars in Germany and the United Kingdom were cheaper in June 2023 than in January 2022.

The UK used car market: Boosted by national supply

Most European countries imported a large share of the used cars in circulation in each country. At a share of 10.73 percent for imported used cars, the United Kingdom was one of the few European countries to rely heavily on its national supply of used vehicles. Nearly 6.9 million used cars were sold in the UK in 2022, though the cost of living crisis and used car price hike have dampened the success of this national market.

Portugal: Inflation and the used car market

Even in markets more reliant on used car imports, inflation has impacted the market. Over 67 percent of the light passenger vehicle market in Portugal was reliant on used vehicle imports from the European Union, but only 18 percent of consumers intended to purchase a used car as of November 2022. However, while car demand has been influenced by rising prices, inflation has also contributed to the popularity of secondhand vehicles. In Portugal, 93 percent of consumers preferred a used purchase over a new car due to the new car prices, a share which reached 83 percent for the United Kingdom.

United States Manheim Used Vehicle Value Index: Price Change: MoM data was reported at 1.390 % in Feb 2025. This records an increase from the previous number of 0.650 % for Jan 2025. United States Manheim Used Vehicle Value Index: Price Change: MoM data is updated monthly, averaging 0.051 % from Feb 1997 (Median) to Feb 2025, with 337 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.I109: Manheim Used Vehicle Value Index.

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.

China Automobile Price Index: CAI: Domestic Made: Passenger Car (PC) data was reported at 57.200 Jan2004=100 in Jun 2018. This records a decrease from the previous number of 57.600 Jan2004=100 for May 2018. China Automobile Price Index: CAI: Domestic Made: Passenger Car (PC) data is updated monthly, averaging 71.050 Jan2004=100 from Jan 2004 (Median) to Jun 2018, with 174 observations. The data reached an all-time high of 100.000 Jan2004=100 in Jan 2004 and a record low of 57.200 Jan2004=100 in Jun 2018. China Automobile Price Index: CAI: Domestic Made: Passenger Car (PC) data remains active status in CEIC and is reported by China Auto Index. The data is categorized under China Premium Database’s Price – Table CN.PB: China Auto Index: Automobile Price Index (Discontinued).

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 118.9.

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.

The cost of new cars in Austria has been continually increasing since 2016, but dropped significantly through 2023 and most of 2024. From around May 2023, prices across segments increased, with used cars being the most impacted by the price inflation.

United States Manheim Used Vehicle Value Index: Price Change: YoY data was reported at 0.794 % in Feb 2025. This records a decrease from the previous number of 1.107 % for Jan 2025. United States Manheim Used Vehicle Value Index: Price Change: YoY data is updated monthly, averaging 1.576 % from Jan 1998 (Median) to Feb 2025, with 326 observations. The data reached an all-time high of 53.010 % in Apr 2021 and a record low of -13.096 % in Dec 2022. United States Manheim Used Vehicle Value Index: Price Change: YoY data remains active status in CEIC and is reported by Manheim, Inc.. The data is categorized under Global Database’s United States – Table US.I109: Manheim Used Vehicle Value Index.

In November 2024, the used car Consumer Price Index in France reached 104.45, 4.45 points above 2015 prices. Used car prices had been steadily increasing between December 2021, when the CPI stood at 99.24. This was the lowest CPI recorded between January 2019 and November 2024.

United States - Producer Price Index by Industry: New Car Dealers: Vehicle Sales was 72.92400 Index Dec 1999=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: New Car Dealers: Vehicle Sales reached a record high of 201.85900 in June of 2022 and a record low of 61.20000 in April of 2020. 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: Vehicle Sales - last updated from the United States Federal Reserve on March of 2025.

Sweden: Vehicle prices, world average = 100: The latest value from 2021 is 118.69 index points, an increase from 105.65 index points in 2017. In comparison, the world average is 108.07 index points, based on data from 165 countries. Historically, the average for Sweden from 2017 to 2021 is 112.17 index points. The minimum value, 105.65 index points, was reached in 2017 while the maximum of 118.69 index points was recorded in 2021.

Netherlands Consumer Price Index (CPI): Transport: Vehicle Purchase: Motor Cars: Second Hand Cars data was reported at 94.900 2000=100 in Dec 2006. This records a decrease from the previous number of 95.100 2000=100 for Nov 2006. Netherlands Consumer Price Index (CPI): Transport: Vehicle Purchase: Motor Cars: Second Hand Cars data is updated monthly, averaging 97.400 2000=100 from Jan 2000 (Median) to Dec 2006, with 84 observations. The data reached an all-time high of 100.900 2000=100 in Jan 2000 and a record low of 94.200 2000=100 in Jan 2006. Netherlands Consumer Price Index (CPI): Transport: Vehicle Purchase: Motor Cars: Second Hand Cars data remains active status in CEIC and is reported by Statistics Netherlands. The data is categorized under Global Database’s Netherlands – Table NL.I007: Consumer Price Index: 2000=100.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Used Cars and Trucks in Size Class B/C (CUUSX000SETA02) from H1 1998 to H2 2024 about used, trucks, vehicles, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

Coupes and convertibles were the most expensive used car types in the United States as of February 2023, priced on average at around 49,800 and 46,700 U.S. dollars respectively. In contrast, used wagons and hatchbacks were more affordable, at an average of 20,000 and 24,200 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.