Used Car Supply Rebounds, But Affordable Models Under $20,000 Remain Elusive

Although overall used-car inventory is gradually improving, consumers are finding it increasingly difficult to locate affordable models priced below $20,000. Experts have predicted that market supply will increase this year, yet price pressures have not significantly eased. The used vehicles currently entering the market are generally higher-priced, and a slight rise in wholesale prices in January has further diminished any potential price-lowering effect from the inventory recovery. This means that even as vehicle availability grows, budget-conscious buyers still face limited options and high prices.