Leave your feedback Share Copy URL https://gographicsoutput.com/video/85HsqlPjacb.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Why Used Car Prices Are High — Millions Of Cars Are Missing [fhWjtJec7sW] Health Updated on August 06, 2026 EDT — Published on August 06, 2026 EDT Pandemic era auto production pullbacks have left a hole in the used car market that totals about 7.5 to 8 million vehicles, according to estimates from Cox Automotive. Incentives still are below pre-pandemic levels, and leasing rates are still low–especially for some popular vehicle types. That era also changed automaker behavior in ways that will continue to keep prices high and supply low for all customers--even those shopping for the cheapest used cars. Produced by: Robert Ferris Editing: Natalie Rice and Darren Geeter Camera: Ryan Baker Animators: Jason Reginato, Emily Park Senior Managing Producer: Tala Hadavi Additional Footage: Getty Images » Subscribe to CNBC: » Subscribe to CNBC TV: About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Instagram: Follow CNBC News on Facebook: Follow CNBC on Threads: Follow CNBC News on X: Follow CNBC on WhatsApp: #CNBC How A ‘Disciplined’ Auto Industry Squeezed Consumers 7XsBAVrOB5z LHq65vNL661 0TCI78f8Jck HhCTxO3zxq4 V59pkhdU9XZ mf9oT5uidDt
Pandemic era auto production pullbacks have left a hole in the used car market that totals about 7.5 to 8 million vehicles, according to estimates from Cox Automotive. Incentives still are below pre-pandemic levels, and leasing rates are still low–especially for some popular vehicle types. That era also changed automaker behavior in ways that will continue to keep prices high and supply low for all customers--even those shopping for the cheapest used cars. Produced by: Robert Ferris Editing: Natalie Rice and Darren Geeter Camera: Ryan Baker Animators: Jason Reginato, Emily Park Senior Managing Producer: Tala Hadavi Additional Footage: Getty Images » Subscribe to CNBC: » Subscribe to CNBC TV: About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Instagram: Follow CNBC News on Facebook: Follow CNBC on Threads: Follow CNBC News on X: Follow CNBC on WhatsApp: #CNBC How A ‘Disciplined’ Auto Industry Squeezed Consumers 7XsBAVrOB5z LHq65vNL661 0TCI78f8Jck HhCTxO3zxq4 V59pkhdU9XZ mf9oT5uidDt