CHICAGO–(BUSINESS WIRE)–While used car prices showed modest declines in early 2022, overall prices remain near all-time highs, at an average of $31,450, according to a new monthly report from CoPilot, the leading car shopping app. CoPilot market analysis further reveals that used vehicle prices are likely to accelerate their decline in the coming months, with the greatest pressure on the more recent year models that consumers have been turning to as a substitute for new cars in the wake of re