AutoTrader’s price index report for the second quarter shows used vehicle prices going against seasonal norms and increasing in price compared to the same time last year while new vehicle prices continue to decline year-over-year.

Since March, consumer behaviour has been driven by what AutoTrader calls the “pull-forward” effect, where vehicles were bought ahead of anticipated U.S. tariffs, tighter inventory, and rising prices.

As of June 2025, the report shows used vehicle prices have jumped 3.6% year-over-year, landing at an average of $37,664, while new vehicle prices have dropped 3.5% to $64,445.

AutoTrader says with prices for both new and used vehicles expected to rise in the second half of 2025, early buying could be a smart strategy.

The report also says new vehicle inventory h

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