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Why are used cars priced like new cars?

NPR· Sep 23, 2026· 9m 23s

The used car market is out of control and there doesn’t seem to be an easy fix for high prices. Today, three reasons why finding an affordable car is so difficult. Fact checking by Sierra Juarez . Your Next Listen — Prepping for a rainy day and higher used car prices Connect with The Indicator — Sign up for The Indicator’s weekly newsletter ! — Buy the Planet Money book — Find our socials, YouTube and more ! — For sponsor-free episodes, subscribe to NPR+ Support public media with NPR+ and enjoy

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Why are used cars priced like new cars?

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Sample transcript — click Live captions above to run Whisper on the actual audio in your browser.
  1. Welcome to the program. I'm your host.

    Welcome to the program. I'm your host.

    0:00
  2. Today we look at the major stories shaping the news cycle.

    Today we look at the major stories shaping the news cycle.

    0:04
  3. We start in Europe, where leaders met in Brussels.

    We start in Europe, where leaders met in Brussels.

    0:09
  4. The summit focused on energy policy and migration.

    The summit focused on energy policy and migration.

    0:14
  5. Reporting from the ground, our correspondent has more.

    Reporting from the ground, our correspondent has more.

    0:19
  6. Thank you. The mood here was tense but constructive.

    Thank you. The mood here was tense but constructive.

    0:24