Used Car Market 2024 Predictions Us. Used vehicle prices dropped by 6.2% year over year to $27,177 on average, down from $28,960 in q3 2023. In november 2024, used car prices are falling slowly following months of ups and downs.

The auto insurance sector is poised to improve in 2024, but a return to profitability may still be years away. The difficulties in selling these used.