Meanwhile, inventory continues to move quickly, with buyers snapping up cars off lots within 39 days. This is notably the same trend we saw in 2021, when the pandemic led to a used car market boom.

The average price of a used Tesla has fallen below the overall average for US used car market — a first for Elon Musk's electric vehicle maker.

If you're shopping for a used car, the options keep getting better and the prices keep going lower. According to the latest data from car shopping website Edmunds.com, the used car market is hot ...

The used car market dipped significantly throughout 2022, 2023 and 2024 as a result of the COVID-19 pandemic. With car production dramatically reduced in 2020 and 2021 thanks to the pandemic ...

Used car prices in Nashville have risen dramatically, with the share of cars under $20,000 dropping from 47.2% in 2019 to 10.2% in 2025. This trend is attributed to pandemic-era production ...

First-time car buyers also benefit from a wider variety of models available in the used market, helped by the strong sales of new cars in the post-pandemic period, which have replenished supply.

Used car prices had remained relatively flat from October 2024 until this recent increase. The modest rise in March underscores an ongoing imbalance between supply and demand in the used car market.