Used car prices are currently at an all-time high, with many pre-owned vehicles selling for thousands more than they would have a year before.
Used car dealers said they began seeing the raise in prices about six months ago.
Since then, the regular price of compact cars has risen 7 percent, pickups almost 10 percent, SUVs nearly 9 percent and vans 12.5 percent.
"It’s due to a trouble of supply and demand,” said Joe Laso, a used car dealer. “There is a set of demand for used cars and little supply."
Car dealers aren't the only ones cashing in on the price raise.
Individual car owners are able to sell their car for $2,000 or $3,000 more than standard.
