Used car market heats up at the end of the year – TheStreet | CarTailz

The year 2022 will go down as one of the strangest for the US used car industry.

Consider that used cars manufactured in the early 1970’s have a higher average price than vehicles manufactured in the last few years, or that the average price of a used car with less than $75,000 mileage is nearly $20,000 -dollar lies. However, this number halves once the threshold of 75,000 is crossed in a recent study.

Or consider the average price of a new car in 2022 of $33,000 compared to $26,700 in 2021, with the average dealer markup being $10,000 this year.

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