Availability of affordable used cars in metro Detroit has plummeted

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The number of used cars priced below $20,000 in metro Detroit has plummeted this year compared with four years ago, new data shows.

A study from iSeeCars.com looked at 1- to 5-year-old used cars in the first seven months of the year in metro Detroit and found 12.8% priced below $20,000 compared with the same time frame in 2019 when 52.7% were $20,000 or less. iSeeCars.com is a data-driven car search and research company that helps consumers find car deals.

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