Used Car Sales Surge as Prices Hit Multi-Year Highs Amid New Car Affordability Crisis
Used vehicle sales reached 1.62 million in March, a 7% monthly increase, while inventories dropped to a multi-year low of 37 days’ supply. With new ca...
Used vehicle sales reached 1.62 million in March, a 7% monthly increase, while inventories dropped to a multi-year low of 37 days’ supply. With new ca...
A dramatic increase in used electric vehicles hitting the market over the next four years could significantly lower EV prices. Lease expirations are p...
Used car inventory hit its lowest level since 2019 in March 2025, yet average prices rose only 0.7% to $25,390. Despite tight supply, buyers are prior...