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Do New And Used Vehicles Cost More?

Yes.

The prices of New And Used Vehicles have gone up 2% since June, 2024.
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Past Data

Past Elections

Up 0.25% in 6 months
Up 0.85% vs now
Down 0.87% in 6 months
Down 2.84% vs now
Up 6.73% in 6 months
Up 19.65% vs now

Past Years

Down 0.13% in 12 months
Down 1.96% vs now
Down 1.48% in 12 months
Down 2.13% vs now
Up 24.54% in 12 months
Down 4.41% vs now
Up 6.02% in 12 months
Up 19.2% vs now

About This Data

This data is taken from the following price indexes:

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

Data is generally available monthly, and the numbers indicate the relative price of the commodity.
Higher numbers indicate it is more expensive, lower numbers indicate it's less expensive.

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