QOTD: Have You Seen Used-Car Prices Dropping?

Tim Healey
by Tim Healey

On our podcast Friday, we discussed how used-car prices are dropping.


As is usually the case when we write about or discuss new- and used-car pricing, I like to ask if what you all have seen in the real world has matched up with what the studies we report on say.

So yes, I am doing that again.

What have you seen out there as you shop used or new cars? Do prices seem to be falling?

Let us know what you've seen.

Sound off below.

[Image: Kwangmooza/Shutterstock.com]

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Tim Healey
Tim Healey

Tim Healey grew up around the auto-parts business and has always had a love for cars — his parents joke his first word was “‘Vette”. Despite this, he wanted to pursue a career in sports writing but he ended up falling semi-accidentally into the automotive-journalism industry, first at Consumer Guide Automotive and later at Web2Carz.com. He also worked as an industry analyst at Mintel Group and freelanced for About.com, CarFax, Vehix.com, High Gear Media, Torque News, FutureCar.com, Cars.com, among others, and of course Vertical Scope sites such as AutoGuide.com, Off-Road.com, and HybridCars.com. He’s an urbanite and as such, doesn’t need a daily driver, but if he had one, it would be compact, sporty, and have a manual transmission.

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  • Tassos Tassos on Oct 29, 2024
    If you are not an econ ILLITERATE and do not understand the value of the worthless Kamala dollar, you are one of these whining fools that thought prices were up. REAL Prices were NEvER UP. Look it up.
    • Tassos Tassos on Oct 29, 2024
      CORRECTION: If you ARE an econ illit. of course.
  • Spookiness Spookiness on Oct 30, 2024
    I occasionally check in on a few models about 3 or 4 years old and anecdotally prices are down. The market value of my existing car is also down from its peak.
  • Ajla IMO, something like this really should be naturally-aspirated.
  • Kjhkjlhkjhkljh kljhjkhjklhkjh Unless they are solid state batteries you BAN THEM. I like EVs... but EVs like to burn ... for days
  • Kjhkjlhkjhkljh kljhjkhjklhkjh uh .. it looks like a VW golf got the mumps
  • Kjhkjlhkjhkljh kljhjkhjklhkjh I CANNOT WAIT FOR SOCIAL SECURITY TO GET GUTTED.. No i am really serious. I am insulated thanks to 24 years at Symantec then Broadcom .. tons of retirement cash. but all the blue hairs and low income trump voters are going to lose benefits and jobs and i get to laugh allllll dayyyyy long in about 2-3 years.. CANNOT WAIT, POPCORN READY.
  • Kjhkjlhkjhkljh kljhjkhjklhkjh no. to many '''''americans'''' just want a CUV or SUV according to sales numbers
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