Used car prices in the U.S. have been falling after steadily climbing for months.
Overall, prices for 1- to 5-year-old vehicles dropped by an average of 1.3% from June 2025 to June 2026, according to iSeeCars.
Prices for used cars dropped or held steady from the beginning of the year to June. The cost of a typical used car that is from 1 to 5 years old dropped $412 in June and rose $8 in May. Average prices for used cars decreased $694 in April and $667 in March.
That marks a sharp contrast to electric vehicle prices, which increased by 10.8 percentage points between March and June, due in part to the Iran conflict driving up gas prices.
In a sum…
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