Used car bubble? Consumers paying $10,000 more than in a "normal" economy.

Consumers are paying $10,000 more for to buy a used car than if the economy were "normal" and older vehicles were following the typical pattern of depreciation, according to a recent study from CoPilot, a car buying app. 

The price premium for used cars rose to $10,046 above projected normal prices, according to a recent CoPilot analysis. The average used car price was $33,341 in June, although "nearly new" cars – those between one and three years old — rose 1% to an average list price of $42,314 in June compared with the prior month. 

The analysis also found that the price of 1- to 3-year-old cars now fetch a record premium of $13,145 above "normal" prices.