Automotive Industry: Used Vehicle Pricing

Macroeconomics and Politics
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Used Car Prices Q1 2025 Update

  • US prices of used vehicles remained stable, increasing 0.30% q/q, and -0.25% y/y in Q1 2025
  • In the first half of April, however, they increased demand by 2.22% m/m and 4.3% y/y after consumers started to pull forward due to tariff increases.

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  • In Europe, used car prices increased by 1%. This trend reflects recently higher demand in the used car market and is mainly driven by the price increases of petrol and diesel vehicles
  • Year-over-year, used car prices have increased by 1.1 % compared to March 2024. Used car prices remain 19.5 % higher than before the COVID-19 pandemic.

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