There was a spark of hope less than a year ago when the prices of the used cars started to fall. Although they remained high above pre-Pandemic level, the prices were on a downward trend.
However, prices for used cars have risen again in recent months. The average price of a used car from one to five years is now 3.7 percent more in July 2025 than in July 2024.
According to a new ISECARS studyThe prices have been rising since March and rose 1.0 percent on an annual basis for that month. They jumped by 1.8, 2.9 and 4.8 percent respectively in April, May and June, after steadily falling for two and a half years. Compare the used car prices fell by 4.8 percent in August 2024 compared to August 2023, with the average car used only $ 30,228.
At the top of the list with used cars that have seen the highest price increases, the BMW 4 series, which has risen by no less than $ 9,370 by 30 percent year by year. The Porsche Cayenne (22.3 percent) and Land Rover Discovery (20.4 percent) were second and third respectively.
| Month | Average price | $ On an annual basis | % On an annual basis |
| July | $ 31,770 | $ 1.146 | 3.7% |
| June | $ 32,437 | $ 1,497 | 4.8% |
| Be able to | $ 32,317 | $ 630 | 2.0% |
| April | $ 32,231 | $ 559 | 1.8% |
| March | $ 31,624 | $ 317 | 1.0% |
| February | $ 31,257 | -$ 239 | -0.8% |
| January | $ 31,731 | -$ 250 | -0.8% |
In general, prices rose in July to $ 31,770, where customers paid around $ 1,200 more for a car than they would have the year before. ISECARS Executive analyst Karl Brauer pointed to a combination of high new car prices and tariff uncertainty, which increases demand for both new and used vehicles, which increases prices for everyone, because affordable used cars disappear from the market. Brauer comments:
‘The demand for consumers for used cars remains strong, surpassed supply and riding prices for five months in a row. For buyers waiting to get a deal on used cars, it seems that they have waited too long if they did not buy before March. ‘
EV -prices used stabilize
If you are looking for a good used deal, you can consider an electric vehicle. The prices continue to fall for that segment, although they stabilize. EV prices fell 1.3 percent in July only after 4.8 percent in June, 8.8 percent in May and 10.1 percent in March. It is a dramatic shift from August 2024, when the EV prices used fell by 24.7 percent year on year.
Tesla models continue to lose the most value, with the Model S, X and Y taking the top three places for the most important price decreases. The prices for the three fell by more than 12 percent in July.
ISECARS Analyzed more than 1.5 million cars used by one to five years in July 2024 and July 2025 and compared the average list prices compared.
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