It’s Nearly Impossible to Find a Good Used Car Under $20,000

Just four years ago, the average one-to-five-year-old used car cost $23,351, per iSeeCars. Today, that average has climbed to $34,491, nearly where average new-car transaction prices were four years ago. The sharp rise has been a key driver of inflation, hurting pocketbooks everywhere. But there are a few other casualties: The sub-$15,000 gently used car has gone extinct, and the sub-$20,000 lightly used vehicle has become endangered, per iSeeCars data.