Dossier
used car prices
Coverage of used car prices in the Nexus archive.
- How pandemic car shortages are still making new and used cars expensive
Pandemic-era shortages continue to drive up used car prices, and automakers have implemented strategies from that period which may maintain tight supply conditions.
- Used car prices hit highest level since summer 2023
Wholesale used car prices reached a nearly three-year high in March 2023. This surge is attributed to tight supply conditions and the timing of tax refund season.