Here’s What Falling Used Car Prices Mean For You

Between the COVID-19 pandemic and related supply chain disruptions, the used car market has gone through a wild couple of years. Used car prices skyrocketed through the end of 2020 and early 2021, rising by 45% through the summer of that year, then they began plummeting, eventually experiencing the most substantial one-year drop since 2009. And that’s mostly a good thing for car buyers.