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US used car prices fall amid rising demand
The used car market in America experienced a decline greater than expected, with the overall index dropping by 1.95% in the third quarter of 2026, marking its first decrease since March 2025. This reflects a relatively stable situation after a wave of previous fluctuations. The decline is attributed to rising gasoline prices, which reached an average of $4.33 per gallon in September, a decrease in consumer confidence, as well as the impact of rising interest rates and Middle East tensions. These factors have led to weakened demand for large trucks and SUVs, while sales of electric vehicles and fuel-efficient models have increased. The average price of used cars is estimated at around $27,239, compared to $50,000 for new cars.
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