October 2025 Used Market Update

October 2025 Used Market Update

Used-vehicle prices remained steady in September 2025, holding near $30,000 and marking the eighth consecutive month of market stability. Despite higher borrowing costs—prime used-car APRs remain around 9 percent—dealers maintained disciplined pricing and selective inventory strategies to preserve margins as the market continues to normalize.

Rising rates have pushed average monthly used-vehicle payments to roughly $560–$580, depending on term and credit tier, further tightening affordability even as vehicle prices stabilize. According to J.D. Power data, retail prices rose 1.4 percent year-over-year, while wholesale values held flat, reinforcing balance between consumer demand and dealer acquisition costs. The CPO segment maintained its pricing premium, reflecting buyer confidence in warranty coverage and vehicle condition. With average days-to-turn at 46 days for franchised dealers, inventory movement remains within seasonal norms—underscoring a steady, sustainable used-market environment heading into year-end.

Explore the complete September Used Market Report for further insights.