Used Cars for Less Than $20,000 Are Phasing Out: Report

Used Cars for Less Than $20,000 Are Phasing Out: Report
Used cars are offered for sale at a dealership in Chicago, Ill. Scott Olson/Getty Images
Mary Prenon
Mary Prenon
Freelance Reporter
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The days of buying a later model pre-owned vehicle for less than $20,000 may soon become history, according to a new report.

Used cars listed for under $20,000 comprise 11.5 percent of today’s three-year-old market, down from 49.3 percent in 2019, according to the report from iSeeCars.com, an online car search and research firm.
Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.