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Used Car Prices Are Going Nuts! Here Are 10 of the Biggest Price Jumps

Posted on August 2, 2021August 27, 2023 By Jarvis

The average used car price in June rose a whopping $7583, or 32.7 percent compared to what it was last year.

The chip shortage, the pandemic, the weather, and your rheumatoid arthritis acting up—and everything is conspiring to drive up prices of used cars across America. According to a study by iSeeCars.com, the average used car price in June rose a whopping $7,583, or 32.7 percent compared to what it was last year. This comes after a 26.4-percent year-over-year increase in May and a 16.8-percent year-over-year increase in April.
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Cars Tags:cars, pandemic

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