- The average used car was listed for $25,730 at the start of December – down from $25,957 the month before
- Used car dealers have more cars in stock this month than last.
The average used car was listed for $25,730 to start December — less than 1% higher than a year ago and down $217 from the start of November, according to data from Kelley Blue Book parent Cox Automotive.
Related: Is Now the Time to Buy, Sell, or Trade-In a Car?
Supply and demand govern used car prices. The nationwide supply of used cars has remained low throughout 2025, largely due to the lingering effects of the COVID-19 pandemic.
Automakers built about 8.1 million fewer cars during the height of the crisis than they had planned. Those cars will never reach the used car market, depressing supply for years to come.
But most dealers saw their inventory improve as the holidays approached. The average dealer today has a 50-day supply of used cars to sell – two days more than a month ago.
Related: Average New Car Price Flirts with $50,000
The most affordable used cars remain the hardest to find. Dealers have just a 36-day supply of the older, higher-mileage used cars that sell for under $15,000.
The top five sellers of the month were listed at an average price of $23,824, more than 7% below the average listing price for all used vehicles sold. Once again, Ford, Chevrolet, Toyota, Honda, and Nissan were the top-selling brands, accounting for 50% of all used vehicles sold.
