Used cars are getting expensive again.
And the biggest jumps aren’t exactly where everyone might expect.
According to CARFAX data, used-car prices are up between $1,350 and $3,600 since the start of 2026.
Hybrids and EVs are leading the move.
New-car prices are still high. Gas prices are still volatile. And buyers who want something efficient without paying new-car money are putting more pressure on the used side of the market.
For dealers, this is where things get interesting.
Used inventory is becoming more valuable at the same time affordability is becoming more fragile.
That makes pricing, acquisition, reconditioning, and speed-to-market a lot more important than they were even a few months ago.
Watch the full episode at the link in our bio.