How Is The Used Car Market Right Now?

Written By: Jerry Reynolds | Oct 2, 2026, 9:58:27 AM

JERRY Q&A 100126_#1UsedCarPrices

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Q: How Is The Used Car Market Right Now?

Right now the used car market is going strong making it very competitive. Late-model used cars are in high demand due to affordability concerns, but they are scarce because fewer vehicles were built in pandemic years. On the brighter side, used car prices are also dropping amid model-year changeover so it's important you time any purchase just right to get the best price and most for your trade-in.

Photo: Zerbor/Shutterstock.com.

Jerry Reynolds

From police officer to top-selling Ford dealer to on-air car expert, Jerry helms our weekly radio show. Since selling his dealerships in 2006, Jerry has pursued his top three passions: helping consumers have a great car buying experience, supporting the military and first responders, being a loyal servant to his dog! While Jerry admits to hitting the pedal to the metal on test drives, it's all the service of finding out just how fast he can go from 0 to 60.

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Jerry Reynolds

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"The Car Pro" Jerry Reynolds

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