Year-over-year price changes for selected used vehicle segments in the U.S. 2021-2022
In the United States, used vehicles recorded a price decrease of around 10.3 percent year-over-year as of mid-October 2022. Luxury cars were the vehicle segment reporting the sharpest drop, with prices dipping by close to 13.5 percent. By contrast, compact car prices decreased by less than six percent. As of June 2022, the average list price for used vehicles reached over 28,200 U.S. dollars.
