$20,000 Doesn’t Go As Far As It Used to for a Used Car

• Used car pricing is improving, but still astronomically higher than it was pre-pandemic.
• About 60% of used cars were under $20,000 just 5 years ago. Today, that’s down to about 30%.
• It means a car buyers’ $20,000 budget doesn’t go very far today.

If you’re in the market for a used vehicle with a budget of $20,000 or less, you’re likely to have a harder time finding one today…