{"id":1182,"date":"2026-01-11T08:39:00","date_gmt":"2026-01-11T08:39:00","guid":{"rendered":"https:\/\/www.lookupaplate.com\/blog\/?p=1182"},"modified":"2026-01-21T03:01:06","modified_gmt":"2026-01-21T03:01:06","slug":"used-car-sales-statistics","status":"publish","type":"post","link":"https:\/\/www.lookupaplate.com\/blog\/used-car-sales-statistics\/","title":{"rendered":"U.S. Used Car Sales Statistics, Data, &#038; Trends"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1182\" class=\"elementor elementor-1182\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c9fdc50 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c9fdc50\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-79acac6\" data-id=\"79acac6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-55bb6c6 elementor-widget elementor-widget-text-editor\" data-id=\"55bb6c6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 26-06-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"font-weight: 400;\">Unlike houses, artworks, and fine wines, cars are depreciating assets. From the moment you drive a brand-new car off the lot, you start hemorrhaging hundreds or even thousands of dollars. Little wonder most Americans never own a new car their entire lives. The used car market dominates car sales in the United States, from first-time buyers to seasoned motorists.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Indeed, despite being one of the world&#8217;s largest markets for new cars, the majority of cars currently on US roads were bought and sold used. Almost every motorist has at one point purchased a used car.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">What do we know about the US used car market? How many used cars are sold each year? And what is the average price of a used car? We answer all these questions and more below. Let&#8217;s delve into used car statistics as of 2025.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-54abb2b elementor-widget elementor-widget-image\" data-id=\"54abb2b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 26-06-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1031\" height=\"688\" src=\"https:\/\/www.lookupaplate.com\/blog\/wp-content\/uploads\/2023\/07\/Used-Car-Sales-Statistics-Trends-US.jpeg\" class=\"attachment-full size-full wp-image-1187\" alt=\"Used Car Sales Statistics &amp; Trends in the US\" loading=\"lazy\" srcset=\"https:\/\/www.lookupaplate.com\/blog\/wp-content\/uploads\/2023\/07\/Used-Car-Sales-Statistics-Trends-US.jpeg 1031w, https:\/\/www.lookupaplate.com\/blog\/wp-content\/uploads\/2023\/07\/Used-Car-Sales-Statistics-Trends-US-300x200.jpeg 300w, https:\/\/www.lookupaplate.com\/blog\/wp-content\/uploads\/2023\/07\/Used-Car-Sales-Statistics-Trends-US-1024x683.jpeg 1024w, https:\/\/www.lookupaplate.com\/blog\/wp-content\/uploads\/2023\/07\/Used-Car-Sales-Statistics-Trends-US-768x512.jpeg 768w\" sizes=\"(max-width: 1031px) 100vw, 1031px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d50905b elementor-widget elementor-widget-heading\" data-id=\"d50905b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 26-06-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h3 class=\"elementor-heading-title elementor-size-default\"><b>Key Insights<\/b><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8664ac elementor-widget elementor-widget-text-editor\" data-id=\"a8664ac\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li aria-level=\"1\"><span style=\"font-weight: 400;\">In 2024, <\/span><b>37.8 million used cars<\/b><span style=\"font-weight: 400;\"> were sold in the the US. In <\/span><b>2023<\/b><span style=\"font-weight: 400;\">, the number was <\/span><b>36 million<\/b><span style=\"font-weight: 400;\"> and in <\/span><b>2022<\/b><span style=\"font-weight: 400;\"> it was\u00a0<\/span><b>38.6 million<\/b><b style=\"font-weight: 400;\">.<\/b><span style=\"font-weight: 400;\">\u00a0This number has been fairly stable over the past decade, with 36.9 million used cars sold in 2010 and a peak of <\/span><b style=\"font-weight: 400;\">42.7 million used cars<\/b><span style=\"font-weight: 400;\"> in 2017.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Approximately <\/span><b>297 million vehicles <\/b><span style=\"font-weight: 400;\">were on US roads in the final quarter of 2024.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Used vehicle sales surpassed new vehicle sales in 2022, with <\/span><b>13.6 million new vehicles<\/b><span style=\"font-weight: 400;\"> sold compared to <\/span><b>38.6 million used vehicles<\/b><span style=\"font-weight: 400;\">.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>73%<\/b><span style=\"font-weight: 400;\"> of all vehicles sold in 2022 were used, indicating that nearly <\/span><b>3 out of 4 cars<\/b><span style=\"font-weight: 400;\"> sold were used.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Two-thirds<\/b><span style=\"font-weight: 400;\"> of the respondents in an annual Car Brand Perception study preferred purchasing a used car, with 71% being positive about buying a used car.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The initial depreciation for a new car is between <\/span><b>20%<\/b><span style=\"font-weight: 400;\"> to <\/span><b>30%<\/b><span style=\"font-weight: 400;\"> of the car&#8217;s value by the end of the first year, and it loses a further <\/span><b>15%<\/b><span style=\"font-weight: 400;\"> to <\/span><b>18%<\/b><span style=\"font-weight: 400;\"> of its value every subsequent year.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In 2022, the Ford F-150 was the most popular used car sold, making up <\/span><b>3.3%<\/b><span style=\"font-weight: 400;\"> of total used car sales.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The used car dealer market size in the US was valued at <\/span><b>$138.1 billion<\/b><span style=\"font-weight: 400;\"> in 2022.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The average price for a one-to-five-year-old used car was around <\/span><b>$33,582<\/b><span style=\"font-weight: 400;\"> in 2023.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">State-wise, Vermont had the cheapest average used car price at <\/span><b>$31,445<\/b><span style=\"font-weight: 400;\">, whereas Wyoming had the highest average used car price at <\/span><b>$41,405<\/b><span style=\"font-weight: 400;\">.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The average price of a used electric vehicle (EV) was around <\/span><b>$38,000<\/b><span style=\"font-weight: 400;\">.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\">Between 2017 and 2022, the average age of cars in the US rose to <b>over 12 years<\/b>, with the average age of used cars at the time of sale being <b>6.47 years<\/b>.<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6264339 elementor-widget elementor-widget-heading\" data-id=\"6264339\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How Many Used Cars Are Sold Each Year in US?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de97531 elementor-widget elementor-widget-text-editor\" data-id=\"de97531\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In the US, <\/span><b>37.8 million used cars were sold in 2024<\/b><span style=\"font-weight: 400;\">. That figure has remained remarkably stable over the past decade, with 36.9 million used cars sold in 2010. In the 12-year period, the number peaked in 2017, when a staggering 42.7 million used cars were sold.<\/span><\/p><p><span style=\"font-weight: 400;\">However, analysts predict the market is about to undergo a substantial change, in part due to a shift in vehicle-buying behavior following the pandemic. In the final quarter of 2024, ~<\/span><a href=\"https:\/\/www.lookupaplate.com\/blog\/how-many-americans-own-cars\/\" target=\"_blank\" rel=\"noopener\">297 million vehicles<\/a><span style=\"font-weight: 400;\">\u00a0were operating on US roads. The combined demand for vehicles alongside the automotive semiconductor shortage is resulting in declining used vehicle inventories. Expect used and new vehicle prices to rise starkly in the coming years should the trend continue.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c85de9e elementor-widget elementor-widget-heading\" data-id=\"c85de9e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Annual Used Car Sales vs. New Car Sales<\/b><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d4b124 elementor-widget elementor-widget-text-editor\" data-id=\"2d4b124\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In 2022, new vehicle sales measured 13.6 million \u2013 a low point compared to the previous decade, when sales regularly topped 17 million. As a proportion of overall car sales, 73% of vehicles sold were used in 2022 \u2013 almost 3 in 4 car sales.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">That&#8217;s not just frugality \u2013 many Americans prefer to purchase a used car. According to the annual Car Brand Perception study, two-thirds of respondents said they would consider purchasing a late-model used car. In fact, when asked if they&#8217;d prefer a late-model car to a new car, 71% of respondents were positive about the used car: 75% of men and 67% of women.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">The perks are clear: no substantial depreciation, a greater choice of makes and models, higher auto loan rates, and less risk from damage. <\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aef6e04 elementor-widget elementor-widget-heading\" data-id=\"aef6e04\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>How the Price Of Used Cars Depreciates Over Time<\/b><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0c703e elementor-widget elementor-widget-text-editor\" data-id=\"c0c703e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">We&#8217;ve spoken a lot about car depreciation. But how much value does a used car lose over time? Let&#8217;s look at new cars first \u2013 you can expect to lose 20% to 30% of the car&#8217;s value by the end of the first year. So, if you purchased a new Chevrolet Trailblazer, currently priced at $22,100, your resale value would be just $17,680 at best after a year.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Worse still, every subsequent year shaves a further 15% to 18% off the value. Within five years, your initial investment worth tens of thousands is reduced to 40% or less.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Used cars, on the other hand, even just a year old, avoid the initial hit from depreciation. Used cars depreciate just like a newer model, but every year that passes allows the buyer to save more of their money \u2013 albeit at a greater risk of wear and tear.<\/span><\/p><p><span style=\"font-weight: 400;\">Not all models depreciate equally: In 2016, the Chevrolet Colorado only lost 7% of its value after the first year, whereas the Volvo S60 shed an eye-watering 34.4% (approximately $14,000). Choosing models that come with a steep depreciation curve is an excellent way for prospective used car owners to find an incredible deal. <\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde4186 elementor-widget elementor-widget-heading\" data-id=\"dde4186\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Most Popular Brands and Models of Used Cars<\/b><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ac0710 elementor-widget elementor-widget-text-editor\" data-id=\"3ac0710\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">iSeeCars analyzed more than 17.4 million vehicle sales in 2021 to identify the top selling used cars. Remaining the bestselling vehicle, the Ford F-150 captures approximately 3.6% of total vehicles sold in the United States \u2013 head and shoulders above its rivals. Indeed, much of the market is dominated by large SUVs as America&#8217;s love affair with trucks continues. Whether higher fuel prices will impact the market going forwards remains unknown.<\/span><\/p><p><span style=\"font-weight: 400;\">Here are the top ten most popular used cars in the US in 2022 (percentage of total used car sales):<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ford F-150, 3.3%.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Chevrolet Silverado 1500, 2.8%.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ram 1500, 2.3%.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Chevrolet Equinox, 2.2%.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Honda Civic, 1.8%.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Toyota Camry, 1.7%<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Toyota RAV4, 1.7%.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Nissan Rogue, 1.7%.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ford Escape, 1.5%.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Jeep Grand Cherokee, 1.5%.<\/span><\/li><\/ol><p><span style=\"font-weight: 400;\">Looking through the list, three brands stand tall: Ford, Chevrolet, and Toyota dominate the US used car market. Toyota, in particular, also bags 13<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> and 14<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> place, with a name renowned for reliability.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24660e6 elementor-widget elementor-widget-heading\" data-id=\"24660e6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Total Value of Used Car Market<\/b><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1696477 elementor-widget elementor-widget-text-editor\" data-id=\"1696477\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">According to the latest sales data from Statista, the US used car dealer market size is <\/span><b>$138.1 billion<\/b><span style=\"font-weight: 400;\">. As mentioned, light vehicle sales were <\/span><b>38.6 million<\/b><span style=\"font-weight: 400;\"> in 2022. Much of the market is dominated by the sale of light tracks. Indeed, the quarterly net purchase of light trucks grew in Q4 of 2019, reaching $194.75 billion in Q2 of 2022. That follows a long-term trend of used light truck sales being greater than car sales since 2013.<\/span><\/p><p><span style=\"font-weight: 400;\">Models such as the Ford F-Series, Ram Pickup, and Chevrolet Silverado are in high demand, as just seen. Nevertheless, pickup trucks remained the most expensive used vehicle body type, averaging $41,239 at present.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-95367c6 elementor-widget elementor-widget-heading\" data-id=\"95367c6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Average Price of Used Cars<\/b><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c01c61c elementor-widget elementor-widget-text-editor\" data-id=\"c01c61c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In 2023, the average one-to-five-year-old car cost&nbsp;<\/span><b>approximately $33,582<\/b><span style=\"font-weight: 400;\">. That comes after a drop in used car prices over the previous two years due to the global microchip shortage. Other analysts place the average used car prices at around $27,266 \u2013 a reduction from the previous year but 38% higher than the pre-COVID average.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With demand for used cars high, price levels of new cars may not normalize until the backend of the 2020s; some predict they&#8217;ll never return to normal levels.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">State-by-state used car prices are relatively uniform. <\/span><b>Vermont is the cheapest state<\/b><span style=\"font-weight: 400;\"> in the nation at just $31,445, whereas <\/span><b>Wyoming ranks 50th <\/b><span style=\"font-weight: 400;\">with an average price of almost $10,000 higher at $41,405. <\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-03e3cf1 elementor-widget elementor-widget-heading\" data-id=\"03e3cf1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Electric Vehicle Used Car Sales<\/b><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-01cbb51 elementor-widget elementor-widget-text-editor\" data-id=\"01cbb51\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">A novel new market is the sale of used electric vehicles (EVs). Until recently, EVs were uniformly new sales as the technology was in its infancy. However, as the market matures, used EVs are becoming more common.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">The average price of a used EV is around $38,000, following a decline in 2022. The market has snowballed in the past two years; popular models include 2017 Chevrolet Bolt, 2018 Nissan LEAF, Toyota Prius Prime, and 2019 Tesla Model 3.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f235e23 elementor-widget elementor-widget-heading\" data-id=\"f235e23\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>What is the Average Age of a Car in the US?<\/b><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5b8442 elementor-widget elementor-widget-text-editor\" data-id=\"c5b8442\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Between 2017 and 2022, the average age of US cars climbed to over 12 years \u2013 a new record. Culprits behind the rise are the aforementioned semiconductor chip shortage and reduced production from automakers. As Americans choose to hold onto their vehicles for longer, the average age of used cars at the time of sale is 6.47 years old.<\/span><\/p><p><span style=\"font-weight: 400;\">There is significant diversity between states: New Jersey (5.70 years), Florida (5.76), and the District of Columbia (5.80) have the youngest used cars compared to Idaho (7.98), South Dakota (7.98), and Wyoming (7.71). Interestingly, South Dakota and Wyoming are also the states where residents pay the highest average used car prices despite the cars being older.\u00a0 <\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-304771e elementor-widget elementor-widget-text-editor\" data-id=\"304771e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Sources:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/scallywagandvagabond.com\/2021\/04\/why-are-americans-obsessed-with-used-cars\/\"><span style=\"font-weight: 400;\">https:\/\/scallywagandvagabond.com\/2021\/04\/why-are-americans-obsessed-with-used-cars\/<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.consumerreports.org\/cro\/2012\/01\/consumers-see-fewer-differences-among-car-brands\/index.htm\"><span style=\"font-weight: 400;\">https:\/\/www.consumerreports.org\/cro\/2012\/01\/consumers-see-fewer-differences-among-car-brands\/index.htm<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.statista.com\/statistics\/183713\/value-of-us-passenger-cas-sales-and-leases-since-1990\/\"><span style=\"font-weight: 400;\">https:\/\/www.statista.com\/statistics\/183713\/value-of-us-passenger-cas-sales-and-leases-since-1990\/<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.nerdwallet.com\/article\/insurance\/car-depreciation\"><span style=\"font-weight: 400;\">https:\/\/www.nerdwallet.com\/article\/insurance\/car-depreciation<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.chevrolet.com\/suvs\/trailblazer\"><span style=\"font-weight: 400;\">https:\/\/www.chevrolet.com\/suvs\/trailblazer<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.ramseysolutions.com\/saving\/car-depreciation\">https:\/\/www.ramseysolutions.com\/saving\/car-depreciation<\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/cars.usnews.com\/cars-trucks\/rankings\/used\"><span style=\"font-weight: 400;\">https:\/\/cars.usnews.com\/cars-trucks\/rankings\/used<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.consumerreports.org\/cars\/most-popular-used-cars-suvs-and-trucks-on-our-site-a5550457720\/\"><span style=\"font-weight: 400;\">https:\/\/www.consumerreports.org\/cars\/most-popular-used-cars-suvs-and-trucks-on-our-site-a5550457720\/<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.consumerreports.org\/cars\/best-used-cars-by-price-a1306944688\/\"><span style=\"font-weight: 400;\">https:\/\/www.consumerreports.org\/cars\/best-used-cars-by-price-a1306944688\/<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.motortrend.com\/features\/top-20-most-popular-used-cars-in-the-u-s\/\"><span style=\"font-weight: 400;\">https:\/\/www.motortrend.com\/features\/top-20-most-popular-used-cars-in-the-u-s\/<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.hotcars.com\/most-popular-used-vehicles-in-the-us\/#ford-f-150---3-6\"><span style=\"font-weight: 400;\">https:\/\/www.hotcars.com\/most-popular-used-vehicles-in-the-us\/#ford-f-150&#8212;3-6<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.iseecars.com\/most-popular-cars-study\"><span style=\"font-weight: 400;\">https:\/\/www.iseecars.com\/most-popular-cars-study<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.businessinsider.com\/used-car-prices-never-getting-cheaper-dealership-pricing-inventory-2023-6?op=1&amp;r=US&amp;IR=T\"><span style=\"font-weight: 400;\">https:\/\/www.businessinsider.com\/used-car-prices-never-getting-cheaper-dealership-pricing-inventory-2023-6?op=1&amp;r=US&amp;IR=T<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.iseecars.com\/used-car-prices-by-state-study\"><span style=\"font-weight: 400;\">https:\/\/www.iseecars.com\/used-car-prices-by-state-study<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.statista.com\/topics\/9879\/used-vehicles-in-the-united-states\/#topicOverview\"><span style=\"font-weight: 400;\">https:\/\/www.statista.com\/topics\/9879\/used-vehicles-in-the-united-states\/#topicOverview<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.statista.com\/statistics\/1328700\/us-used-car-dealer-market-size\/\"><span style=\"font-weight: 400;\">https:\/\/www.statista.com\/statistics\/1328700\/us-used-car-dealer-market-size\/<\/span><\/a><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.valuepenguin.com\/used-car-ages-study\"><span style=\"font-weight: 400;\">https:\/\/www.valuepenguin.com\/used-car-ages-study<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Unlike houses, artworks, and fine wines, cars are depreciating assets. From the moment you drive a brand-new car off the lot, you start hemorrhaging hundreds or even thousands of dollars. Little wonder most Americans never own a new car their entire lives. The used car market dominates car sales in the United States, from first-time [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1187,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":[],"categories":[11],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>U.S. Used Car Sales Statistics, Data, &amp; Trends [2025 Update]<\/title>\n<meta name=\"description\" content=\"What do we know about the US used car market? How many used cars are sold each year? And what is the average price of a used car? We answer all these questions and more below. Let\u2019s delve into used car statistics as of 2024.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lookupaplate.com\/blog\/used-car-sales-statistics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Used Car Sales Statistics, Data, &amp; Trends [2025 Update]\" \/>\n<meta property=\"og:description\" content=\"What do we know about the US used car market? How many used cars are sold each year? And what is the average price of a used car? We answer all these questions and more below. Let\u2019s delve into used car statistics as of 2024.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lookupaplate.com\/blog\/used-car-sales-statistics\/\" \/>\n<meta property=\"og:site_name\" content=\"LookupAPlate\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-11T08:39:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-21T03:01:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lookupaplate.com\/blog\/wp-content\/uploads\/2023\/07\/Used-Car-Sales-Statistics-Trends-US.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1031\" \/>\n\t<meta property=\"og:image:height\" content=\"688\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jason L Arthur\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jason L Arthur\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.lookupaplate.com\/blog\/used-car-sales-statistics\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.lookupaplate.com\/blog\/used-car-sales-statistics\/\"},\"author\":{\"name\":\"Jason L Arthur\",\"@id\":\"https:\/\/www.lookupaplate.com\/blog\/#\/schema\/person\/92dba4a4850bb4694cf2699f61e8aa7c\"},\"headline\":\"U.S. Used Car Sales Statistics, Data, &#038; Trends\",\"datePublished\":\"2026-01-11T08:39:00+00:00\",\"dateModified\":\"2026-01-21T03:01:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.lookupaplate.com\/blog\/used-car-sales-statistics\/\"},\"wordCount\":1525,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.lookupaplate.com\/blog\/#organization\"},\"articleSection\":[\"Insights\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.lookupaplate.com\/blog\/used-car-sales-statistics\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.lookupaplate.com\/blog\/used-car-sales-statistics\/\",\"url\":\"https:\/\/www.lookupaplate.com\/blog\/used-car-sales-statistics\/\",\"name\":\"U.S. Used Car Sales Statistics, Data, & Trends [2025 Update]\",\"isPartOf\":{\"@id\":\"https:\/\/www.lookupaplate.com\/blog\/#website\"},\"datePublished\":\"2026-01-11T08:39:00+00:00\",\"dateModified\":\"2026-01-21T03:01:06+00:00\",\"description\":\"What do we know about the US used car market? 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