Prices by year

Used car price inflation by year

Last updated November 2, 2026

$100 of used cars in 2000 costs $118.39 today. Over the 12 months to September 2026, used car prices fell 1.5%. Prices overall rose 96% since 2000.

Adjust any amount for inflation

Every year since 1964

  • $100 of used cars in 1964
  • All prices (CPI)
What $100 of used cars in 1964 cost in each year since, against all prices$0$500$1,000$1,500196419771989200120132025
YearChange from the year before$100 then costs now
20252.8%$99.71
2024-6.0%$102.54
2023-7.1%$96.43
202212.7%$89.55
202126.6%$100.97
20203.2%$127.86
20191.0%$131.93
20180.1%$133.25
2017-3.6%$133.37
2016-2.5%$128.51
2015-1.3%$125.34
2014-0.5%$123.68
2013-0.3%$123.02
20120.9%$122.66
20114.1%$123.75
201012.7%$128.83
2009-5.2%$145.22
2008-1.3%$137.66
2007-3.0%$135.84
20060.4%$131.72
20054.6%$132.24
2004-6.7%$138.30
2003-6.0%$129.02
2002-4.2%$121.33
20011.9%$116.19
20002.5%$118.39
19990.9%$121.29
1998-0.3%$122.43
1997-3.8%$122.01
19960.4%$117.42
199510.4%$117.86
19945.8%$130.17
19938.7%$137.73
19924.3%$149.71
19910.5%$156.10
1990-2.4%$156.84
19892.1%$153.11
19884.3%$156.31
19874.0%$163.05
1986-4.3%$169.51
19851.1%$162.17
198414.0%$163.88
198311.2%$186.78
198215.4%$207.71
198123.4%$239.73
19803.5%$295.90
19797.8%$306.26
19782.0%$330.16
19778.9%$336.84
197614.6%$366.71
197519.5%$420.44
19744.3%$502.55
19736.5%$523.97
19720.2%$557.79
19715.7%$558.64
19701.1%$590.54
1969—$597.23
19673.2%$615.51
1966-2.5%$635.12
1965-0.6%$619.29
1964—$615.68

Yearly averages of the monthly CPI-U index for this category; a year counts once BLS published at least 10 of its months. "$100 then costs now" compares each year's average with September 2026. No average for 1968: BLS published fewer than 10 months that year.

Against inflation

SinceUsed car pricesAll prices
2000up 18%up 96%
1964up 516%up 986%

Since 2000, used car prices lagged behind inflation; since 1964, used car prices lagged behind it.

Biggest yearly jumps

  1. 2021: up 26.6% from 2020
  2. 1981: up 23.4% from 1980
  3. 1975: up 19.5% from 1974

Against wages

Since 2000, used car prices rose 18% while average hourly pay rose 132%, so used car prices grew more slowly than pay.

What moved used car prices

Used cars rose 26.6% in 2021. BLS says a semiconductor shortage cut new-vehicle production, and the lack of new-vehicle inventory might have pushed would-be buyers into the used-car market; measured December to December, the index rose 37.3%, the largest such change in its history. In 1981 (+23.4%), BLS reported strong demand for used cars as an alternative to higher-priced new cars, while dealers were short of trade-ins. Prices fell 7.1% in 2023; by February 2024, Fed Governor Lisa Cook said auto production had recovered to pre-pandemic levels as supply bottlenecks eased. Over the year to September 2026 used cars were down 1.5%.

Reviewed October 17, 2026. Sources:

Sources

General information, not financial advice.