Pete Kelly, the used car manager at Jim Marsh Kia and Jim Marsh Chrysler Jeep in Las Vegas, hasn’t bought a used car for less than $20,000 at auction in over two years, and it’s not for lack of trying.
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Since the pandemic, he said, there are fewer options for used cars under $20,000 and he’s having to compete with national chains willing to accept slimmer profit margins.
Nationwide, demand for vehicles has dwindled due to high prices and interest rates in recent months, following a brief tariff-induced panic in March.
Despite the temporary dip in demand, the average price of 3-year-old used cars in the U.S. has increased 40.9 percent since 2019, according to an iSeeCars study.
That’s largely due to the pandemic, said Nicholas Irwin, an associate economics professor at UNLV.
“You had a lot of used cars that were being sold to a lot of buyers thanks to rental companies selling off some of their stock to survive, and also just generally more interest in replacing cars during that period,” Irwin said.
After the pandemic, Irwin said, inflation worsened the situation for new car buyers, increasing prices further.
The average new car in the U.S. costs about $48,000 and the average 3-year used car costs about $31,000, according to recent Edmunds data. That’s an increase from about $21,000 for the average 3-year-old car in 2019.
President Donald Trump’s 25 percent tariff on imported cars and auto parts prompted many Americans to worry they could not afford a new car, spiking demand for used cars, Irwin added.
“As inflation continues to rise, I don’t think the percentage of cars under $20,000 will go up,” Chris Hemmersmeier, president and CEO of Jerry Seiner dealerships, said. “I think the new standard will continue to rise, so maybe it rises to $23,000 or $25,000 in the next few years.”
In the short-term, consumers should jump on used car deals while they still can, Hemmersmeier and Kelly said.
“Outside of my office right now is a 2018 Volkswagen Passat that I’m asking $15,000 for,” Kelly said. “That car probably won’t be here Friday.”
A variety of factors, from COVID-era supply shortages to inflation to tariffs to high interest rates, has caused a significant increase in used car prices across the country.
Irwin said the increase will cause the stock and quality of the remaining sub-$20,000 used cars to decrease.
“This is just another cost that is just putting pressure and creating a burden for our working-class families,” Irwin said.
LOS ANGELES (AP) — Recent polls will tell you there’s been a drop in national pride among Americans, particularly Democrats in the Trump era, with some questioning whether to celebrate July Fourth at all this year.
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But Scott Allen, a registered Democrat in southern California, isn’t one of them. He planned to commemorate the nation’s 249th birthday with a politically mixed group of neighbors who will grill out and light off fireworks.
He’ll be thinking of his U.S. Marine father, and about how proud he is that “we have the freedom to do all the things we do.”
“We can have protests. We can have free speech,” said Allen, 60, who lives in Lakewood, just south of Los Angeles.
This Independence Day may feel different for many Americans. Around the country, there are protests planned against Trump’s polices, and in places like southern California, where immigration raids have rattled communities, some July Fourth celebrations were cancelled.
Fireworks retailers are also dealing with tariffs. But at the same time, holiday travel is expected to break records.
Here’s what to know about July Fourth this year:
California celebrations cancelled
Several communities in the Los Angeles area have cancelled Independence Day festivities due to safety concerns over Trump administration’s immigration crackdown.
The Los Angeles neighborhood of El Sereno cancelled its parade after 90% of participants dropped out.
Organizer Genny Guerrero said the majority Latino community is “very patriotic.” But many people are avoiding events out of fear of immigration agents.
“The fact that they’re taking anyone that is brown, regardless of citizenship, that puts everyone in jeopardy,” Guerrero said.
A downtown block party, which drew 20,000 people last year, was postponed. Suburbs in southeastern Los Angeles, such as Bell Gardens, have cancelled celebrations altogether.
Events planned in protest
Meanwhile, Independence Day events are scheduled in protest of Trump’s policies, including slashes to Medicaid, said Tamika Middleton, managing director of Women’s March.
The group had organized the Women’s March on Washington in 2017, the day after Trump’s first inauguration. This year’s events will range from low-key pot lucks to rallies in large cities.
For instance, a gathering will be held at a naturalization ceremony in Portsmouth, New Hampshire, to show support for new citizens. But there will be larger protests in bigger cities, including one outside Houston’s City Hall.
“We’re inviting folks to envision what a truly free America looks like,” Middleton said.
Tariffs and fireworks
The vast majority of fireworks in the U.S. are made in China, said Julie Heckman, executive director of the American Pyrotechnics Association.
As the trade war with China escalated, tariffs on Chinese-made fireworks reached 145% in April, Heckman said. Trump issued a 90-day pause in May, leaving current tariffs on Chinese fireworks at 30%.
The tariffs will have little impact on city fireworks shows because the shells were purchased months ago, Heckman said. She’s hearing from retailers who sell the backyard fireworks that they’re not passing on the 30% tariffs to consumers.
But it’ll be a different story next year, Heckman said, because 30% tariffs — or anything higher — are not sustainable for business. The industry is casting a wary eye toward 2026.
“Every small town in America is going to want a special firework display to honor America’s 250th,” Heckman said.
Record-breaking holiday travel
Auto club AAA expected more than 72 million people to travel at least 50 miles (80 kilometers) from home. AAA’s forecast includes two weekends to better reflect the holiday travel.
Nearly 62 million people will travel by car, a 2.2% bump over 2024, making it the highest volume on record, AAA said. Drivers have seen some price increases at the pump, but summer gas prices are still the lowest they’ve been since 2021.
Meanwhile, nearly six million people will fly — 4% more than last year, AAA said. The Federal Aviation Administration said this will be the busiest July Fourth week in 15 years.
CHICAGO — On the 40th anniversary of the “Back to the Future” movie premiere, Illinois-based insurance giant Allstate is traveling back to the past to reveal its little-known role in developing the DeLorean, the futuristic but short-lived, gull-winged, stainless steel car that served as Doc Brown’s time machine.
Without Allstate, Marty McFly might never have left 1985 or perhaps he would have traveled back in time in a Buick, forever disrupting the space-time continuum of the seminal movie trilogy.
“The cars exist because of the partnership Allstate had with DeLorean,” said Sandee Lindorfer, vice president of auto claims for Allstate.
In the words of Doc Brown, “Great Scott!”
“Back to the Future” hit movie theaters on July 3, 1985. A customized 1981 DeLorean DMC-12, which took audiences on joyrides to 1955, 1885 and 2015 over the course of three films, was already relegated to the junkyard of automotive history by the time the movie premiered.
In the mid-1970s, Allstate worked with John DeLorean, an automobile executive and engineer, who left GM to launch his own namesake vehicle. The insurance company invested a reported $500,000 in a safety car project, developing prototypes with advanced seatbelt restraints, airbags and improved bumpers.
“We sponsored three prototypes with the DeLorean-Allstate safety car agreement, and we brought one of the prototypes to Congress to show them what could be done around smaller vehicles being more safe and having better fuel economy,” Lindorfer said.
A rented vintage DeLorean which is a replica from the movie “Back to the Future,” at Allstate’s Northbrook/Glenview headquarters on July 1, 2025. (Antonio Perez/Chicago Tribune)
A rented pair of vintage DeLoreans – a stock 1981 model at left, and a replica from the movie “Back to the Future” – sit at Allstate’s Northbrook/Glenview headquarters on July 1, 2025. (Antonio Perez/Chicago Tribune)
The time machine controls inside the vintage DeLorean replica from the movie “Back to the Future” at Allstate’s Northbrook/Glenview headquarters on July 1, 2025. (Antonio Perez/Chicago Tribune)
Rental company owner Tom Sedor with his DeLorean replica from the movie “Back to the Future,” at Allstate’s Northbrook/Glenview headquarters on July 1, 2025. (Antonio Perez/Chicago Tribune)
A flux capacitor inside the vintage DeLorean replica from the movie “Back to the Future” at Allstate’s Northbrook/Glenview headquarters on July 1, 2025. (Antonio Perez/Chicago Tribune)
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A rented vintage DeLorean which is a replica from the movie “Back to the Future,” at Allstate’s Northbrook/Glenview headquarters on July 1, 2025. (Antonio Perez/Chicago Tribune)
One prototype evolved into the sleek DeLorean DMC-12, which went into limited but ill-timed production at a Northern Ireland factory during a recession in 1981, generating buzz but few sales.
By 1982, the debt-ridden company was in bankruptcy and its founder in legal trouble, facing indictments on separate drug and fraud charges. John DeLorean was ultimately acquitted on both counts, but his car was seemingly no more than a flash in the pan.
Three years later, the DeLorean was reborn as Doc Brown’s time machine, and the rest is cinematic history.
Initially, the time machine was envisioned as a refrigerator-like chamber that Doc Brown carried on the back of his truck. Then director Robert Zemeckis had the inspiration that the time machine should be mobile, and specifically chose the DeLorean for its futuristic design.
“The way I see it, if you’re going to build a time machine into a car, why not do it with some style?” Doc Brown, played by Christopher Lloyd, explains in the movie.
In the annals of “Back to the Future” lore, a lot of similar nuggets have emerged since the film trilogy premiered.
For example, the 1989 second installment predicted the Cubs would finally end their century-long World Series drought with a 2015 win over the fictional Miami Gators. The Cubs actually broke through in 2016, beating the Cleveland Indians, but the movie was pretty close.
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Also, the role of Marty McFly was initially given to Eric Stoltz, who participated in over a month of filming before he was replaced by Michael J. Fox, the more comedically gifted “Family Ties” star.
But Allstate’s role in developing the car that begot the time machine and an enduring movie star remained buried in a dusty folder in the back of a corporate cabinet for decades. In 2019, an Allstate archivist found the mysterious DeLorean file and began exploring the mostly forgotten connection.
Six years later, on the 40th anniversary of “Back to the Future,” Allstate is finally ready to take a modest bow.
On Tuesday, Allstate rented a pair of vintage DeLoreans to celebrate the movie, the car and the unlikely part the insurance company played in both. Tucked away in the back of an underground garage at Allstate’s downsized Northbrook/Glenview headquarters near Chicago, across the street from its former sprawling corporate campus, the vehicles were briefly on display for the media and a handful of executives.
The cars, which included a stock 1981 DeLorean and a tricked-out version replicating the “Back to the Future” time machine, were rented from an Orland Park company — DeLorean USA Rental — that leases the vehicles for parties and events.
“You can’t drive it because the insurer doesn’t allow it,” said Tom Sedor, who owns the cars and the rental company.
The time machine, which includes a flux capacitor and a Mr. Fusion nuclear reactor in the back — replete with banana peel as fuel — is fully drivable, and the garage and adjacent parking lot offered enough room to get it up to the 88 mph threshold required to go back to the future.
But Sedor, 57, who customized the movie mockup with a 3D printer and assorted parts from Menards and RockAuto, said the replica has yet to successfully make the time jump.
“Nothing happened, no sparks,” said Sedor. “Everything drove normally. Actually, it’s very, very impressive to drive.”
Enforcement agencies across the country, including the Minnesota Department of Natural Resources and the North Dakota Game and Fish Department, will participate in “Operation Dry Water” over the coming Fourth of July weekend.
The national campaign aims to increase knowledge about the dangers of boating under the influence of drugs and alcohol. Participating enforcement agencies will target intoxicated boaters and drivers July 4-6 as part of the effort. In Minnesota, the State Patrol, county sheriff’s offices and other state public safety agencies also will participate, the DNR said in a news release.
In recent years, as many as half of boating fatalities in Minnesota involved alcohol, the DNR said.
“Shared waterways mean shared responsibility, and it’s up to every boater to make sure they’re keeping themselves and other boaters safe,” the DNR said.
The goal is to reduce the number of accidents and deaths associated with alcohol and drug use on state waterways.
While educating boaters about the hazards associated with boating while under the influence of alcohol or drugs is a year-round effort, the North Dakota Game and Fish Department said wardens during Operation Dry Water weekend will focus on the water, informing boaters about safe boating practices and removing impaired operators from the water.
Game and Fish offers these tips for staying safe on the water, not only what promises to be a busy long holiday weekend but throughout the boating season:
Boat sober: Alcohol use is the leading contributing factor in recreational boater deaths. Alcohol and drug use impair a boater’s judgment, balance, vision and reaction time.
Wear your life jacket: 85% of drowning victims nationwide were not wearing a life jacket.
Take the online boating safety education course: 71% of deaths nationwide occurred on boats where the operator had not received boating safety instruction.
