This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Although the year began with declines in the average usedcar price, the trend quickly shifted. According to the CarGurus UsedCar Price Index , which tracks millions of usedcar prices, prices drifted down from December to February. overall, since the start of the year.
The good news is, usedcars are better than theyve ever been, and if you can find a reliable one, it could still last you for years. Buying used can still be risky, though, since youre dealing with a lot of unknowns from the previous owners, especially if you buy from a dealership.
million three-year-old usedcars, the few remaining used alternatives appear to be well on their way to joining them. While nearly half of all three-year-old cars cost less than $20,000 in 2019, only 11.5% Several popular used models priced under $20,000 in 2019 have now crossed that threshold.
Side impact testing would also require specific 50th-percentile male and 5th-percentile female models to be used. Cars are currently tested for men, not for women Benoist/Shutterstock CBS News cites a NHTSA report stating that women are 73% more likely to suffer injuries in a crash than men.
Before Covid hit during Trumps first term, it was pretty common for five-year-old usedcars to only be worth about a third of their original price, while more desirable cars might retain as much as half their value. And yet, if you want a used C8 with a clean title, $55,000 or so is about as cheap as it gets for now.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content