Carvana stock was sliding Friday, a day after President Donald Trump threw yet another curveball at the auto industry when he floated the idea of raising the current 25% tariff rate on foreign ...

That could send more shoppers looking for used cars and trucks, pushing up prices for secondhand vehicles. Higher production costs driven by Trump administration trade moves will likely push up ...

Buying a late-model used vehicle will become even more challenging as prices rise due to declining supply and higher demand. In early March, the average price for a used car hovered around $25,000 ...

According to Investopedia data, we're already experiencing elevated car prices across the board, with average monthly payments having risen 26% for new vehicles and an even higher 30% for used ...

Why used car prices are rising in 2025: What every buyer needs to know The used car market may be in for a wild rollercoaster ride as tariffs shake up the industry.

Cox reported the days supply of used vehicles last month was 45, 16% below inventory levels of October 2023. The industry considers a healthy days supply of inventory to be 60 days.

The price of lightly used vehicles closed in on the average sales price of brand-new cars, making it just $17,000 less expensive to buy used, rather than new.