Coupes and convertibles were the most expensive used car types in the United States as of February 2023, priced on average at around 49,800 and 46,700 U.S. dollars respectively. In contrast, used wagons and hatchbacks were more affordable, at an average of 20,000 and 24,200 U.S. dollars. The overall used vehicle average list price had been steadily rising between mid-year 2020 and mid-year 2022, but dipped in June 2023.
Average used car prices in the United States as of February 2023, by vehicle type
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Average price in U.S. dollars
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The source specifies that over 1.8 million one- to five-year-old used car sales in February 2023 were analyzed to compile this data. Heavy-duty vehicles, low-volume vehicles, vehicles which were discontinued as of Model Year 2022, and vehicles which had been available for less than four of the five model year surveyed were excluded.
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iSeeCars. (February 28, 2023). Average used car prices in the United States as of February 2023, by vehicle type (in U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1324839/us-average-used-vehicle-price-by-type/
iSeeCars. "Average used car prices in the United States as of February 2023, by vehicle type (in U.S. dollars)." Chart. February 28, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1324839/us-average-used-vehicle-price-by-type/
iSeeCars. (2023). Average used car prices in the United States as of February 2023, by vehicle type (in U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1324839/us-average-used-vehicle-price-by-type/
iSeeCars. "Average Used Car Prices in The United States as of February 2023, by Vehicle Type (in U.S. Dollars)." Statista, Statista Inc., 28 Feb 2023, https://www.statista.com/statistics/1324839/us-average-used-vehicle-price-by-type/
iSeeCars, Average used car prices in the United States as of February 2023, by vehicle type (in U.S. dollars) Statista, https://www.statista.com/statistics/1324839/us-average-used-vehicle-price-by-type/ (last visited July 22, 2024)
Average used car prices in the United States as of February 2023, by vehicle type (in U.S. dollars) [Graph], iSeeCars, February 28, 2023. [Online]. Available: https://www.statista.com/statistics/1324839/us-average-used-vehicle-price-by-type/
