Used car prices are cooling down after tariff fears drove them higher

The price of a used car got marginally cheaper in May, down 1.4% from April, though still 4% higher than this time last year. That’s according to Cox Automotive’s Manheim Used Vehicle Value Index, which monitors prices at U.S. wholesale auctions. During the same time frame, the national inventory of…Read more...

Jun 6, 2025 - 20:30
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Used car prices are cooling down after tariff fears drove them higher

The price of a used car got marginally cheaper in May, down 1.4% from April, though still 4% higher than this time last year. That’s according to Cox Automotive’s Manheim Used Vehicle Value Index, which monitors prices at U.S. wholesale auctions. During the same time frame, the national inventory of…

Read more...