COVID-19 changed the used car market as supply chain constraints and rising demand pushed prices higher. In 2025, those ripple effects are still being felt.
The gap between the average price of a new and used vehicle eclipsed $20,000, according to Edmunds — the widest gap since the site started tracking it in 2004.
$20,000 used to be the starting point for a new car. Now there’s only one remaining model on the market that sells for around that figure … the Mitsubishi Mirage.
