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While the average 1- to 5-year-old used car now costs $32,317 — up 2% from a year ago — some vehicles lost 10% or more of their value. Here are the top 10 biggest losers in 2025.
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Why is the value of used cars important? - MSNThe drop in used car value comes at the same time that Tesla has seen a dramatic decrease in new car sales. Through the first quarter of 2025, the company has reported around $2 billion less in ...
The surge in used prices is also related to people keeping their cars longer. The average age of trade-ins rose to 7.6 years in the first quarter of this year, up slightly from 7.3 years a year ago.
So, your used vehicle could actually be worth more in the used car market in months to come based on the impact of tariffs on the new car market. Things to consider before selling your car to Carvana ...
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