Edmunds Market Insights

06/05/2025
Tariff Uncertainty Is Already Shaking Up Car Buying Decisions
Even before significant price changes take hold, Edmunds data shows consumers are adjusting in anticipation

05/22/2025
3-Year-Old Used Vehicle Prices Surpass $30,000 for the First Time Since 2023 as Supply Pressures Mount
The gap between new and near-new vehicle average transaction prices is closing.

02/26/2025
A Used Car Inventory Crunch Means High Prices Won't Budge for Shoppers in 2025
The chip shortage-induced new vehicle supply shortage that began with the pandemic is rearing its ugly head in the used market.

10/29/2024
Average Price Gap Between New and Used Vehicles Surpasses $20K for the First Time Ever in Q3
New transaction and survey data from Edmunds highlights why many shoppers expecting to buy a new vehicle will likely turn to the used lot for their next deal as the average price gap between the two markets widens to the largest margin ever recorded.

09/11/2024
New Research from Edmunds: Affordability Concerns Among American Car Shoppers Aren't Going Away Anytime Soon
Edmunds' new consumer sentiment survey explores the widening gap between car shopper expectations and the new market realities.

08/14/2024
Used Vehicle Prices Undergo Major Course Correction in Q2
A normalizing used market is fueled by top-down pressure from new car discounts, with secondhand EVs receiving a heavy dose of reality.

05/14/2024
They're Back: Holdout Car Buyers Return to Showrooms in Droves in Q1
A resurgence of buyers is revitalizing the new and used car markets in Q1 2024, as increased vehicle supply and cooling prices lure previously hesitant consumers back into showrooms.

03/26/2024
Unplugged: Consumer Expectations of EVs Are Clashing With Market Realities
Results from a 2024 EV sentiment survey conducted by Edmunds point to a stark contrast between what EV shoppers say they want from an electric vehicle and the reality of what is currently available for purchase in today's market.

03/21/2024
Where Did All the Cheap Cars Go?
We wondered where all the affordable new cars went, and it turns out a shrinking pool of affordable new vehicles is forcing many consumers into the used vehicle market.

09/07/2023
What's Driving the Gender Gap in EVs?
Results from a 2023 EV sentiment survey conducted by Edmunds explores motivators across male and female respondents surrounding EV car shopping and suggests some of the reasons why a gender gap in EVs exists.

08/28/2023
Surging Demand in Used Car Market Unfazed by Rough Conditions, Fewer Gently Used Vehicles Available
The Q2 2023 Used Vehicle Report from Edmunds reveals that shopper demand is strong in the used market despite still-elevated pricing and mixed economic signals.

05/16/2023
Used Car Prices Remain Stubbornly High
A new report from Edmunds reveals that used vehicle prices have slightly cooled from all-time highs, but a number of headwinds continue to create unfavorable buying conditions in the used market for car shoppers.

12/08/2022
Four Major EV Trends to Watch in 2023
Electric vehicles are changing the way consumers traditionally shop for cars. Here's how the shift in buying habits is affecting Ford, Hyundai and Kia.

09/21/2021
New Car Sales Are Plummeting Because Automakers Can't Make Enough Cars
Analysts forecast a SAAR of 12.3M in September as inventory shortages continue to squeeze the industry.

09/15/2021
Is the Used Car Pricing Madness Over?
Experts advise vehicle owners to sell or trade in soon to maximize the value of their used car before prices dip further.