By June 2022, over 30 percent of the used vehicle retail inventory were vehicles priced over 35,000 U.S. dollars, up from 7.7 percent a year earlier. As a result of the global chip shortage, used vehicles became increasingly more expensive in the United States. This is most visible in the stock priced between 10,000 and 15,000 U.S. dollars. In June 2020, this segment represented close to 19 percent of retailers' inventory. This volume dropped to around 8.6 percent by June 2022.
Used vehicle retail inventory distribution in the United States in June 2020, June 2021, and June 2022, by price range
(in U.S. dollars)
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Statista. (June 28, 2022). Used vehicle retail inventory distribution in the United States in June 2020, June 2021, and June 2022, by price range (in U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1267296/us-used-vehicle-retail-inventory-distribution-by-price-range/
Statista. "Used vehicle retail inventory distribution in the United States in June 2020, June 2021, and June 2022, by price range (in U.S. dollars)." Chart. June 28, 2022. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1267296/us-used-vehicle-retail-inventory-distribution-by-price-range/
Statista. (2022). Used vehicle retail inventory distribution in the United States in June 2020, June 2021, and June 2022, by price range (in U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1267296/us-used-vehicle-retail-inventory-distribution-by-price-range/
Statista. "Used Vehicle Retail Inventory Distribution in The United States in June 2020, June 2021, and June 2022, by Price Range (in U.S. Dollars)." Statista, Statista Inc., 28 Jun 2022, https://www.statista.com/statistics/1267296/us-used-vehicle-retail-inventory-distribution-by-price-range/
Statista, Used vehicle retail inventory distribution in the United States in June 2020, June 2021, and June 2022, by price range (in U.S. dollars) Statista, https://www.statista.com/statistics/1267296/us-used-vehicle-retail-inventory-distribution-by-price-range/ (last visited November 18, 2024)
Used vehicle retail inventory distribution in the United States in June 2020, June 2021, and June 2022, by price range (in U.S. dollars) [Graph], Statista, June 28, 2022. [Online]. Available: https://www.statista.com/statistics/1267296/us-used-vehicle-retail-inventory-distribution-by-price-range/
