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Do New And Used Vehicles Cost More?

Yes.

The prices of New And Used Vehicles have gone up 2.4% since October, 2024.

Past Data

Past Elections

Up 0.03% in 6 months
Up 1.52% vs now
Down 0.87% in 6 months
Down 2.68% vs now
Up 6.73% in 6 months
Up 19.85% vs now

Past Years

Down 2.65% in 12 months
Up 0.95% vs now
Down 0.13% in 12 months
Down 1.79% vs now
Down 1.48% in 12 months
Down 1.96% vs now
Up 24.54% in 12 months
Down 4.25% vs now
Up 6.02% in 12 months
Up 19.41% vs now

About This Data

This data is taken from the following price indexes:

  • New vehicles (CUSR0000SETA01)
  • Used vehicles (CUSR0000SETA02)

There's more information about how data is collected and calculated on our methodology page.