Used SUV prices hit record highs as affordability wanes

MSN
2026.05.18 01:29
portai
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Average used SUV prices surged 5% in 2025, exceeding $30,000 for the first time since 2022. The availability of used cars under $20,000 has decreased from 53% in 2019 to 30% in 2025, complicating entry-level purchases. Consequently, buyers are opting for older, reliable models like the 2016 Toyota RAV4 to save money.