Used Car Prices YoY in the United States decreased to 4 percent in May from 4.90 percent in April of 2025. This dataset includes a chart with historical data for the United States Used Car Prices YoY.

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.

Used Car Prices MoM in the United States decreased to -1.40 percent in May from 2.70 percent in April of 2025. This dataset includes a chart with historical data for the United States Used Car Prices MoM.

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 in Germany have increased significantly since 2018, though 2023 saw a drop across some sales channel categories. Free trade vehicles recorded a decrease, with figures falling to around 15,700 euros in 2023. Prices of used cars sold through brand trading have always been historically higher. New and old Germany is a leader on the global car market, with car brands and production quality of long- standing. Volkswagen, Mercedes, and BMV are among the first of many names that come to mind. Consumers may therefore be motivated to buy new cars by various means of financing, considering it a good investment for the future. Of course, new car prices differ significantly compared to used vehicles, with a new car costing an average of around 44,630 euros in 2023. Prices had grown in recent years, both due to the far-reaching effects of COVID-19 restrictions on industrial production and the energy crisis following the beginning of the Russia-Ukraine war. Drivers looking to buy a car are faced with familiar cost-related decisions regarding whether they buy new or second-hand, but higher fuel prices across the board are an issue facing all vehicle owners. A market with a future The German used car market is expected to grow in the coming years, with around 114.6 billion U.S. dollars predicted for 2025. Besides potentially contributing to sustainability and environmental protection goals, selling used cars is a business going beyond Germany’s borders. For example, Poland was Germany’s leading second-hand vehicle market by far when compared to other European countries, with around 422.3 cars imported in 2023.

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.

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United States - Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average was 183.77900 Index 1982-84=100 in May 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 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 58.2 percent year-over-year, reaching around 7,900 euros in 2022. In contrast, cars between one and three years old reported a slower inflation, costing approximately 21,574 euros in 2022—23.3 percent more than in 2021.

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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.

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Graph and download economic data for Consumer Price Index for All Urban Consumers: Used Cars and Trucks in Size Class B/C (CUURX000SETA02) from Dec 1997 to May 2025 about used, trucks, vehicles, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Industry: New Car Dealers: Used Vehicle Sales was 101.15700 Index Dec 1999=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: New Car Dealers: Used Vehicle Sales reached a record high of 164.29000 in November of 2021 and a record low of 67.30000 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: Used Vehicle Sales - last updated from the United States Federal Reserve on June of 2025.

Sales of used light vehicles in the United States came to around **** million units in 2024. In the same period, approximately **** million new light trucks and automobiles were sold here. Declining availability of vehicles In the fourth quarter of 2024, about ***** million vehicles were in operation in the United States, an increase of around *** percent year-over-year. The rising demand for vehicles paired with an overall price inflation lead to a rise in new vehicle prices. In contrast, used vehicle prices slightly decreased. E-commerce: a solution for the bumpy road ahead? Financial reports have revealed how the outbreak of the coronavirus pandemic has triggered a shift in vehicle-buying behavior. With many consumer goods and services now bought online due to COVID-19, the automobile industry has also started to digitally integrate its services online to reach consumers with a preference for contactless test driving amid the global crisis. Several dealers and automobile companies had already begun to tap into online car sales before the pandemic, some of them being Carvana and Tesla.

The Australian used car market, valued at $69.90 million in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 10.12% from 2025 to 2033. This surge is driven by several factors. Firstly, increasing affordability compared to new vehicles makes used cars a more accessible option for a wider range of buyers, particularly younger demographics and budget-conscious consumers. Secondly, the rising popularity of online marketplaces like Gumtree and Carsales.com.au has streamlined the buying and selling process, boosting market transparency and facilitating quicker transactions. Furthermore, the growing preference for SUVs and multi-purpose vehicles (MPVs) is shaping market segmentation, with these categories experiencing disproportionately high demand. However, challenges exist. Fluctuations in fuel prices and the increasing adoption of electric vehicles (EVs) could influence buyer preferences in the coming years. Moreover, stringent vehicle inspection regulations and concerns regarding vehicle history could act as restraints on market expansion. The market's diverse structure, encompassing organized dealerships alongside informal sales channels, further contributes to its dynamic nature. Organized dealerships benefit from established reputations and warranties, while the unorganized sector offers potentially lower prices. The market's regional distribution likely mirrors Australia's population density, with major cities like Sydney and Melbourne contributing significantly to overall sales. While precise regional breakdowns are unavailable, the provided global regional segmentation suggests a concentration within Australia's urban centers. Future growth will depend on managing the evolving landscape of consumer preferences, addressing concerns regarding vehicle quality and transparency, and adapting to the ongoing transition towards sustainable mobility solutions. Further research into specific vehicle types, online versus offline sales channels, and regional variations within Australia would provide more granular insights into the market's intricacies and growth potential. The ongoing influence of economic factors like interest rates and consumer confidence will play a crucial role in shaping the market's trajectory in the coming years. This report provides a detailed analysis of the Australian used car market, encompassing historical data (2019-2024), current estimations (2025), and future forecasts (2025-2033). It offers invaluable insights for businesses and investors navigating this dynamic sector. With a focus on key segments like petrol, diesel, and electric vehicles, the report leverages high-search-volume keywords such as "used cars Australia," "second hand car market Australia," "pre-owned car prices Australia," and "Australian used car industry report" to maximize online visibility. Recent developments include: March 2023: Hyundai Australia announced that it has begun selling used Ioniq 5 models on its company’s website, beginning with 23 vehicles initially., May 2023: Sojitz Corporation acquired full ownership of Albert Automotive Holdings Pty Ltd, which operates a wholesale and retail used car business as part of Dutton Group.. Key drivers for this market are: Quality Assurance is Driving Market Growth in the Country. Potential restraints include: Trust and Transparency in Used Car Remained a Key Challenge for Consumers. Notable trends are: The Online Sales Channel Segment is Expected to be the Fastest Growing Segment Between 2024 and 2029.

Snapshot img

Used Car Market Size 2025-2029

The used car market size is forecast to increase by USD 885.3 billion, at a CAGR of 7.4% between 2024 and 2029.

The market is experiencing dynamic shifts, driven by intensifying competition leading to an escalating launch of new car models and increasing consumer preferences for alternative mobility solutions. These trends are reshaping the market landscape, presenting both opportunities and challenges for stakeholders. Competition in the market is escalating, prompting automakers to introduce new models at a faster pace to maintain market share. This trend, in turn, is increasing the availability of pre-owned vehicles, providing consumers with a wider range of options. Meanwhile, consumer preferences are evolving, with a growing demand for car subscription services and car-sharing solutions.
These services cater to consumers seeking flexible, cost-effective mobility solutions, particularly in urban areas. However, this shift towards alternative mobility models poses a challenge for traditional used car dealers, requiring them to adapt and innovate to remain competitive. Digital marketing, including social media, mobile apps, and data analytics, helps sellers reach a wider audience. The market is undergoing significant transformation, fueled by increasing competition and evolving consumer preferences. Companies seeking to capitalize on opportunities and navigate challenges effectively must stay abreast of these trends and adapt their strategies accordingly. This may involve exploring new business models, such as car subscription services, or enhancing their offerings to cater to the changing needs of consumers.

What will be the Size of the 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 market continues to evolve, with dynamic market activities unfolding across various sectors. Internal combustion engines power the majority of the market, but the emergence of electric vehicles is reshaping the landscape. Steering systems and suspension systems ensure optimal vehicle handling, while safety features such as backup cameras, parking sensors, and blind spot monitoring are becoming increasingly essential. Title transfer and engine displacement are crucial components of the sales process, with customer service and fuel efficiency key differentiators for dealers. Inventory management and pricing strategies are critical for wholesale auctions and online auto dealers, who must navigate the complex interplay of supply and demand. Vehicle registration and title transfer processes can be streamlined through digital means, and car refurbishment and connected car technology enhance safety and convenience.

Car loans and auto auctions offer financing options for buyers, while certified pre-owned vehicles and vehicle history reports provide transparency and value assurance. Adaptive cruise control and lane departure warning systems are among the advanced technologies enhancing the driving experience. Fuel efficiency and body panels are essential considerations for buyers, with infotainment systems and navigation systems adding convenience and value. The market's continuous evolution underscores the importance of staying informed and adaptable to changing consumer preferences and industry trends.

How is this Used Car Industry 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 compact car segment in the used automobile market experiences significant growth due to increasing consumer preference for personal mobility and the availability of advanced features in compact vehicles. APAC and Europe lead the market, contributing a substantial share to the compact segment. Compact cars, which sit between subcompact and mid-size vehicles, offer easier handling in traffic congestion and lower emissions. Popular pre-owned compact models include the Fiat Panda and Volkswagen Golf in Europe. Inventory management plays a crucial role in the market, ensuring a steady supply of various models. Used car dealers source vehicles from private sellers, wholesale auctions, and trade-ins.

Vehicle history reports help assess the con

A larger share of used cars priced between 5,000 and 10,000 euros online tended to be clocked, based on car history reports submitted in Croatia between January 2021 and February 2023. Around 9.8 percent of these cars had their odometers rolled back, compared to 9.4 percent of used vehicles priced at 45,000 euros and up.

Snapshot img

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

Description:

This dataset contains the latest information on car prices in Australia for the year 2023. It covers various brands, models, types, and features of cars sold in the Australian market. It provides useful insights into the trends and factors influencing the car prices in Australia. The dataset includes information such as brand, year, model, car/suv, title, used/new, transmission, engine, drive type, fuel type, fuel consumption, kilometres, colour (exterior/interior), location, cylinders in engine, body type, doors, seats, and price. The dataset has over 16,000 records of car listings from various online platforms in Australia.

Key Features:

• Brand: Name of the car manufacturer
• Year: Year of manufacture or release
• Model: Name or code of the car model
• Car/Suv: Type of the car (car or suv)
• Title: Title or description of the car
• UsedOrNew: Condition of the car (used or new)
• Transmission: Type of transmission (manual or automatic)
• Engine: Engine capacity or power (in litres or kilowatts)
• DriveType: Type of drive (front-wheel, rear-wheel, or all-wheel)
• FuelType: Type of fuel (petrol, diesel, hybrid, or electric)
• FuelConsumption: Fuel consumption rate (in litres per 100 km)
• Kilometres: Distance travelled by the car (in kilometres)
• ColourExtInt: Colour of the car (exterior and interior)
• Location: Location of the car (city and state)
• CylindersinEngine: Number of cylinders in the engine
• BodyType: Shape or style of the car body (sedan, hatchback, coupe, etc.)
• Doors: Number of doors in the car
• Seats: Number of seats in the car
• Price: Price of the car (in Australian dollars)

Potential Use Cases:

• Price prediction: Predict the price of a car based on its features and location using machine learning models.
• Market analysis: Explore the market trends and demand for different types of cars in Australia using descriptive statistics and visualization techniques.
• Feature analysis: Identify the most important features that affect the car prices and how they vary across different brands, models, and locations using correlation and regression analysis.

If you find this dataset useful, your support through an upvote would be greatly appreciated ❤️🙂
Thank you

In France, used cars have been consistently more popular than new cars over the past decades, reaching a record *********** sales in 2021, before dropping to *** million in 2023. In contrast, new automobile sales have faced consistent fluctuation over the years as well as a slower recovery from the COVID-19 pandemic, as their 2023 sales remained below the 2019 sales volume. The state of the French used car market Private passenger cars were by far the best-selling type of used vehicles in France as of January 1st, 2023, recording over ***** times the used van and truck sales volume that year. Most used cars sold in France had a diesel internal combustion engine (ICE), and ICE vehicles remained overall the most popular, partly due to the emerging nature of the used electric vehicle market. However, cars fitting stricter European emission standards have been entering the market. Used cars on the French market tended to be older, as around **** million used vehicles over 15 years old were sold in 2023, followed by vehicles between two and five years old. The overall average used car age in metropolitan France has been steadily increasing since 2019. Global used vehicle price inflation While the age of used vehicles in France remained high, the yearly Consumer Price Index (CPI) also increased, up to ****** in 2023. Monthly prices were more volatile, reaching a Consumer Price Index of ****** in November 2024. This increase in used vehicle prices is tightly linked with the overall inflation recorded across the world. Used car prices in other markets have also been growing during 2022. In the United States, the used car and truck CPI spiked by *** percent in May 2022 and the U.S. used vehicle average selling price was the highest on record since 2016 in 2022. The United Kingdom faced similar challenges, with its annual second hand car CPI jumping to ***** in 2022, the second-highest it had been since 2008.

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 *****.

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 June of 2025.