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…

Used Car Prices MoM in the United States decreased to -0.20 percent in September from 0 percent in August of 2025. This dataset includes a chart with historical data for the United States Used Car Prices MoM.

Used Car Prices YoY in the United States increased to 2 percent in September from 1.70 percent in August of 2025. This dataset includes a chart with historical data for the United States Used Car Prices YoY.

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.

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.

United States - Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average was 185.32200 Index 1982-84=100 in August 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 October of 2025.

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 *****.

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.

Graph and download economic data for Consumer Price Index for All Urban Consumers: New and Used Motor Vehicles in U.S. City Average (CUUR0000SETA) from Jan 1993 to Aug 2025 about used, vehicles, urban, new, consumer, CPI, inflation, price index, indexes, price, and USA.

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.

View monthly updates and historical trends for US Consumer Price Index: New and Used Motor Vehicles. Source: Bureau of Labor Statistics. Track economic da…

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.

This statistic records the difference in the average price of a used car in different cities across the United Kingdom (UK), expressed as a percentage of the average* used car price across the country. The chart shows that Plymouth is the most expensive of these British cities in which to buy a used car, costing about **** percent more than the national average.

As of June 2024, the price index of second-hand passenger cars in Thailand stood at ***** index points. In comparison, the second-hand truck price index was at ***** in that same period.

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

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 metropolitan areas with the highest used car average selling prices in January 2022 were both located in Florida, with the West Palm Beach-Fort Pierce area recording an average price of close to 36,500 U.S. dollars. This was close to 5,700 U.S. dollars more than the national average.

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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 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

Euro Area - Harmonised index of consumer prices (HICP): Second-hand motor cars was 121.74 points in September of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Euro Area - Harmonised index of consumer prices (HICP): Second-hand motor cars - last updated from the EUROSTAT on October of 2025. Historically, Euro Area - Harmonised index of consumer prices (HICP): Second-hand motor cars reached a record high of 121.83 points in June of 2025 and a record low of 97.60 points in July of 2020.