Breaking down the used car price jump

Name: Breaking down the used car price jump
Uploaded: 2023-08-14T13:22:34Z
Duration: 3 min 3 s
Description: Since the pandemic, only 12.4 percent of used vehicles are less than $20,000. That number used to be 49 percent of the used car market. Half of today’s used cars also sell with 20 percent more miles than they would have four years ago.

Since the pandemic, only 12.4 percent of used vehicles are less than $20,000. That number used to be 49 percent of the used car market. Half of today’s used cars also sell with 20 percent more miles than they would have four years ago.

Posted August 14, 2023 9:22am EDT