Will Used Car Prices Drop In 2025. Car prices stayed high in 2024 thanks to production costs and limited inventory but that will change in 2025. Let us dig into the used car prediction report to find out whether are used car prices dropping in 2025 or if it's just a temporary blip in 2024.

For 2023, interest rates are rising, so consumer demand will decrease, even if new and used car prices drop. In our final used car prices update of 2024, we share our latest analysis of used car pricing along with where retailers may be missing out on profit.