The Average Used Car Price is Now $33,000

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The Average Used Car Price is Now $33,000
France Dernières Nouvelles,France Actualités
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Data shows that used cars are commanding a $10,000 premium above normal pricing levels.

—potentially the result of high gas prices. Hybrid vehicles saw an increase of 14% above normal since early March, setting the average sale price at $49,213. Diesels were generally more expensive than hybrids, but traditional gasoline-powered cars sold at a rate of around $8000 lower than hybrids and $25,000 less than EVS.

Foreign vehicles are selling at significantly lower premiums than domestically manufactured cars. The average premium for a foreign vehicle was $8088 and it was largely set that high bymodels demanding an average $10,034 premium per sale. Even so, the price premium for domestic brands averaged out to $9752, with Ram taking the top slot at $11,390.

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