How Much Will Used Car Prices Drop In 2024 In 2024

How Much Will Used Car Prices Drop In 2024 In 2024. New and used car prices continued to fall in the first. Used car prices were down an average of 13.1% in early 2024 compared to 2023, but this data can vary between sources.

At the end of 2023, the average price of a used car was $28,371, 4.4% less than the average a year earlier⁵. In 2024, the average used car listing price sits at $25,571.