Used vehicle retail inventory distribution by price range in the U.S. 2020-2022
By June 2022, over 30 percent of the used vehicle retail inventory were vehicles priced over 35,000 U.S. dollars, up from 7.7 percent a year earlier. As a result of the global chip shortage, used vehicles became increasingly more expensive in the United States. This is most visible in the stock priced between 10,000 and 15,000 U.S. dollars. In June 2020, this segment represented close to 19 percent of retailers' inventory. This volume dropped to around 8.6 percent by June 2022.
