Consumers have been bracing for it, and now it’s happening: the cost of used cars is going up, and tariffs are playing a starring role. If you’re currently in the market for a used vehicle, you’ve ...

According to a new report from auto industry experts, used cars are more expensive than they've been in years. A May 22 report from Edmunds indicated that in the first quarter of 2025, the average ...

Although experts anticipate more inventory reaching the used car market, increased supply may not translate into meaningful relief from elevated prices.

Remember when a 5-year-old sedan could be yours for $15,000? These days, even a “bargain” on the used lot feels like bidding at an auction. Used car prices are now about 40% higher than before the ...

On April 3, the Trump administration’s sweeping tariffs on virtually all imported goods entering the U.S., including a 25% tariff on all foreign-made automobiles, went into effect. While many ...

Used-car prices are at near-record levels. But those high-priced vehicles are still the biggest bargains on the market. Edmunds’ Q2 2025 Used Vehicle Report found the average transaction price of ...

Economists have warned that tariffs could result in issues that mimic those caused by the pandemic and chip crisis. This already appears to be playing out as CarFax says the “surge in used car prices ...

After over two years of a demand freefall in the used car market, prices have suddenly increased, indicating a change. While the price increase isn't dramatic, it could hint at what consumers should ...

1- to 5-year-old used cars experienced their first 12-month price increase since 2 ½ years ago in October 2022 The average 1- to 5-year-old used car cost $31,624 in March 2025, up 1% ($317) from a ...

As tariffs raise uncertainty in the auto market, more buyers are turning to used vehicles, driving up prices and tightening supply, especially for budget-friendly options. View post: Major Storm Alert ...