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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.
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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 June of 2025.
The United States' Consumer Price Index for used cars and trucks dropped by 1.1 percent between August and September 2022. By contrast, the new vehicles CPI kept rising, up 0.7 percent during the same period.
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.
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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.
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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.
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.
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.
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Germany Consumer Price Index (CPI): 2010=100: Motor Vehicles: Used Cars data was reported at 112.900 2010=100 in Dec 2018. This stayed constant from the previous number of 112.900 2010=100 for Nov 2018. Germany Consumer Price Index (CPI): 2010=100: Motor Vehicles: Used Cars data is updated monthly, averaging 99.850 2010=100 from Jan 2000 (Median) to Dec 2018, with 228 observations. The data reached an all-time high of 112.900 2010=100 in Dec 2018 and a record low of 92.600 2010=100 in Mar 2003. Germany Consumer Price Index (CPI): 2010=100: Motor Vehicles: Used Cars data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.I023: Consumer Price Index: by Special Groups: 2010=100. Rebased from 2010=100 to 2015=100 Replacement series ID: 412821117
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 *****.
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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.
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.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: New and Used Motor Vehicles in Size Class B/C (CUUSX000SETA) from H1 1998 to H2 2024 about used, vehicles, urban, new, consumer, CPI, inflation, price index, indexes, price, and USA.
The annual Consumer Price Index for used cars in France was around 105.77 in 2023. The French used car CPI had trended steadily upward since 1998, when it stood at 91.4, despite slight fluctuations across the recorded period.
As of June 2024, the price index of second-hand cars in Thailand stood at 72.66 index points, indicating a slight decrease from the previous month. The used vehicle price index in the country has fluctuated over the months.
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.
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United States CPI W: Transport: Private: NU: Used Cars & Trucks data was reported at 140.024 1982-1984=100 in Jun 2018. This records an increase from the previous number of 139.484 1982-1984=100 for May 2018. United States CPI W: Transport: Private: NU: Used Cars & Trucks data is updated monthly, averaging 112.500 1982-1984=100 from Dec 1952 (Median) to Jun 2018, with 781 observations. The data reached an all-time high of 161.700 1982-1984=100 in Feb 2001 and a record low of 19.600 1982-1984=100 in Mar 1956. United States CPI W: Transport: Private: NU: Used Cars & Trucks data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I012: Consumer Price Index: Urban Wage and Clerical Workers.
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Thailand Used Car Price Index data was reported at 96.480 2015=100 in Mar 2025. This records a decrease from the previous number of 99.070 2015=100 for Feb 2025. Thailand Used Car Price Index data is updated monthly, averaging 101.970 2015=100 from Jan 2011 (Median) to Mar 2025, with 171 observations. The data reached an all-time high of 147.610 2015=100 in Jan 2012 and a record low of 74.490 2015=100 in Dec 2023. Thailand Used Car Price Index data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.RA016: Used Vehicle Price Index.
As of June 2024, the price index of second-hand passenger cars in Thailand stood at 87.48 index points. In comparison, the second-hand truck price index was at 64.57 in that same period.
In the 2022 fiscal year, CarMax recorded used vehicle sales of over 924,300 units. While this was a record high for the company across the recorded period, it was also paired with a staggering increase in its used vehicles' average selling price. Between 2021 and 2022, the brand recorded a rise of over 6,000 U.S. dollars in used vehicle prices. This is tightly linked with the drop in the supply of new vehicles amid the global automotive semiconductor shortage.
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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.