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The Used Car Index

CPI-derived used-vehicle price proxy (BLS Used Cars & Trucks, January 2019 = $20,200)

Last updated: · Data through July 2026

The July 2026 BLS used-cars CPI implies a tracker level near $25,600, about 27% above January 2019.

Then
2019
$20,200
Now
2026
$25,600
Change
20192026
+27%
↑ Rising
The Used Car Index: 2015–2026
CPI-derived used-vehicle price proxy (BLS Used Cars & Trucks, January 2019 = $20,200)
$16660.00$19752.00$22844.00$25936.00$29028.00$32120.002015$20400.002016$19600.002017$19700.002018$19900.002019$20500.002020$25900.002021$29200.002022$27200.002023$25600.002024$26300.002025$25600.002026
Source: Bureau of Labor Statistics (FRED CUSR0000SETA02), scaled to approximate 2019 transaction priceskeepingupwithinflation.com
Historical Datakeepingupwithinflation.com
YearPriceYoY Change
2015$20,900
2016$20,400-2.4%
2017$19,600-3.9%
2018$19,700+0.5%
2019$19,900+1.0%
2020$20,500+3.0%
2021$25,900+26.3%
2022$29,200+12.7%
2023$27,200-6.8%
2024$25,600-5.9%
2025$26,300+2.7%
2026$25,600-2.7%
Analysis

The dollar values here are a readable proxy derived from the seasonally adjusted BLS CPI for Used Cars and Trucks (FRED CUSR0000SETA02). The series is scaled so the January 2019 index (142.214) equals about $20,200 — a round 2019 industry baseline near Edmunds' $20,618 used ATP that year. July 2026's index of 180.306 therefore maps to roughly $25,600, about 27% above January 2019.

These are not observed dealer transaction-price averages. Kelley Blue Book's July 2026 used ATP was about $27,028 (~31–34% above 2019), because ATP reflects the mix of vehicles actually sold (more trucks and SUVs) while CPI holds quality and mix closer to constant. Use KBB/Edmunds for what buyers paid; use this tracker for how used-vehicle prices moved.

Chart points through 2025 are annual averages of the CPI conversion; 2026 is July. Then/now cards compare January 2019 with July 2026. The proxy peaked near $30,800 in February 2022 and is about 17% below that high. Wholesale values (Manheim index 210 in July 2026) were up 1.3% year over year after a March 2026 bounce to 215.3. The official CPI index is the authoritative measure; the dollar conversion is only an illustration. Updated August 18, 2026.