A buyer with $20,000 looking for a late model used car will have a hard time finding one. The average list price for a used 3-year-old vehicle is now $32,600, up nearly $9,500 since 2019. Some tips in ...
Less than a year ago, we reported that new cars under $20,000 had gone extinct. According to a study by iSeeCars that analyzed over 2.6 million three-year-old used cars, the few remaining used ...
(iSeeCars) – Restricted new-car production during the pandemic from 2020 to 2022, has led to restricted used car supply and substantially higher used car prices today. Consumers have to pay about ...
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Used cars under $20K have almost vanished from the market: Here's what's behind the surge
Before the COVID-19 pandemic, more than half the used cars for sale in the nation were 3-year-old vehicles priced for $20,000 or less. Today, those same type of vehicles comprise only 11% of used cars ...
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