Used Cars Still Dominate the Market; Prices Near $26,000

With nearly 37 million used vehicles sold annually — more than double new-car sales — Mercury Insurance shares smart buying tips as shoppers hunt for value LOS ANGELES, March 19, 2026 /PRNewswire/ -- Used-car shoppers are entering a market that has changed dramatically since the pandemic, with higher prices, tighter inventories and stronger demand pushing many drivers toward the pre-owned market. Mercury Insurance (NYSE/NYSE Texas: MCY) is helping consumers navigate the process with guidance on vehicle safety, history reports and insurance considerations before making a purchase.