Used Car Values costs, by state and province

Typical costs for used car values per used car. Age, mileage, and condition are the main value factors. Open a market below for a local estimate.

Used car values fluctuate with supply and demand. A three-year-old sedan typically costs $18,000 to $25,000, while trucks hold value better. Depreciation averages 15% to 20% per year in the first five years.

Depreciation and Resale Value

A new car loses 20% to 30% of its value in the first year, then 10% to 15% annually. After five years, a typical sedan is worth 40% to 50% of its original MSRP.

Condition and Mileage Impact

Vehicles with 12,000 to 15,000 miles per year are considered average. Adding 10,000 extra miles can reduce value by $1,000 to $2,000, and poor condition cuts value by 20% or more.

Where to Find Accurate Pricing

Kelley Blue Book and NADA Guides provide trade-in and retail values. Private-party sales often fetch $1,000 to $3,000 more than trade-in offers from dealers.

Typical Used Car Values prices
ItemTypical range
Average Used Car Price$27,000
3-Year-Old Sedan Range$18,000 - $25,000
First-Year Depreciation20% - 30%
Trade-In vs Private Party Gap$1,000 - $3,000

Every market for used car values costs

383 markets have a page, each with a typical range where we have one and plain guidance on what moves the price.

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