How is the used car market?

CarGurus used car price index has shown that the average price of a used car has experienced steady increases over the past year. However, historical trends show that market conditions will eventually correct this behavior and prices will begin to soften.

Are used car prices dropping or going up?

Based on price trends data from the past 90-days, used car prices in the current market are increasing.

How much does a used car cost?

CarGurus used car price index indicates that the average used car costs $28,470.

When is the best time of year to buy a car?

To get the best deal on a used car, consider purchasing your vehicle during the dark winter months of January and February. For more information on why this is the best time of year to buy, use our used car prices chart to better understand historical trends and refer to this in-depth article on when to purchase your car from our experts.