Used Car Market October 2025 Predictions. Used Car Market Industry Insights, Trends, and Forecast As usual, we've provided three scenarios - upside, baseline and downside By the end of November 2024, used car registrations were up compared to 2023 (+3.6% over 11 months), but they remained below the "normal" pre-COVID levels (4.93 million units in 11 months in 2024 versus between 5.23 and 5.31 million between 2017 and 2019).
Used Cars Market Set to Expand at 6.5 CAGR from 2022 to 2031 Hendrick Automotive Group from amarketplaceresearch.com
As we enter the new year, used car prices are slowly falling With shifting consumer behaviors, emerging technologies, and economic pressures, used car sales trends for 2025 are shaping up to be both exciting and challenging
Used Cars Market Set to Expand at 6.5 CAGR from 2022 to 2031 Hendrick Automotive Group
The used car market continues to thrive as an essential part of the automotive industry Used Car Market Trends Observed in 2024 Decreased Prices The reason: 2022 was a bad year for new cars, with sales of 13.8 million.
Normality returns to the used car market Dealerfloor. Used Car Market Trends in Q1 of 2025 So far in 2025, used vehicle prices are still falling slightly, just like many experts predicted Currently, the average price of a used car is $25,571, which is much lower than the peak of $31,095 in April 2022 6 , 7 — however, different types of vehicles experience price changes at different rates.
Infographic Used Cars Market by Global Market Insights Inc.. Used electric vehicle (EV) prices, meanwhile, rose by 3.1% in Q4 (£381) to £18,668 at 28 months and 17,514 miles while diesel cars reported a small £125 price rise (0.7%) to £18,668 at 43. New car incentives are pulling buyers away from the used car market as new car sales attract shoppers