Over the past year, used car prices on average increased 32.7% or $7,583 in June. This comes after a 26.4% year-over-year increase in May and a 16.8% year-over-year increase in April.
Some used car prices increased nearly 50% while others had a slight increase of 11.4%. Sports cars and pickup trucks saw the highest price increases, while small SUVs, hatchbacks and minivans only saw a small change.
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