Unused cars that cost more compared to buying new ones
(iSeeCars) – Prices for used cars are at a record high due to the shortage of microchips. According to a recent auto search engine study iSeeCars.com, on average, the one-year-old car used is 1.3 percent more expensive than its new version. However, some underused vehicles have price increases much higher than this average.
iSeeCars.com analyzed the prices of more than 1.5 million new and used cars sold in January 2022 to identify the light-hearted cars that have the highest price increases compared to the new versions.
Here are the used cars that cost the most compared to the new version in each state:
|Top used cars that cost more than new ones in the state – iSeeCars|
|The state||The car||% Used price more than new||$ The cost of a used one is more than a new one|
|Alabama||Toyota Tacoma||15.0%||5701 US dollars|
|Alaska||Subaru Crosstrek||28.3%||$ 8,261|
|Arizona||Chevrolet TrailBlazer||18.8%||$ 5004|
|Arkansas||Toyota Tacoma||16.3%||$ 6,122|
|California||Mercedes-Benz G-Class||50.4%||$ 87,614|
|Colorado||Toyota 4Runner||11.1%||$ 5,180|
|Connecticut||Toyota Tacoma||16.1%||$ 6,200|
|Delaware||Toyota RAV4||6.7%||2127 dollars|
|Florida||Chevrolet Corvette||24.0%||$ 19,494|
|Georgia||Kia Seltos||19.1%||$ 5,112|
|Hawaii||Dodge Charger||28.8%||$ 11,283|
|Idaho||GMC Yukon||11.9%||$ 8748|
|Illinois||Toyota Sienna||17.4%||$ 7,952|
|Indiana||Ford Bronco Sport||18.5%||$ 6,160|
|Iowa||GMC Yukon||11.9%||$ 8748|
|Kansas||Dodge Charger||20.5%||$ 8098|
|Kentucky||Dodge Charger||24.1%||$ 9379|
|Louisiana||GMC Yukon||17.0%||$ 11,736|
|Maine||Subaru Forester||13.2%||$ 4,120|
|Maryland||Dodge Charger||17.7%||$ 6,750|
|Massachusetts||Toyota Tacoma||14.6%||$ 5,413|
|Michigan||Kia Telluride||19.8%||$ 8,922|
|Minnesota||Toyota 4Runner||14.4%||$ 6747|
|Mississippi||Toyota Tacoma||18.7%||$ 6706|
|Missouri||Dodge Charger||18.0%||$ 6929|
|Montana||Ford Bronco Sport||20.5%||$ 7070|
|Nebraska||Toyota Tacoma||11.9%||$ 4488|
|Nevada||Kia Soul||18.2%||$ 3858|
|New Hampshire||Subaru Crosstrek||13.8%||$ 3984|
|New Jersey||Toyota RAV4 Hybrid||22.2%||$ 7780|
|New Mexico||Kia Sportage||22.5%||$ 6534|
|New York||Ford Bronco Sport||19.7%||$ 6,631|
|North Carolina||Toyota RAV4 Hybrid||18.0%||$ 6,570|
|North Dakota||Chevrolet Tahoe||14.3%||$ 9798|
|Ohio||Dodge Charger||18.9%||$ 7753|
|Oklahoma||Toyota Tacoma||18.8%||$ 7,102|
|Oregon||Toyota RAV4 Hybrid||22.3%||$ 7,840|
|Pennsylvania||Dodge Charger||22.5%||$ 8658|
|Rhode Island||Toyota Corolla||9.7%||$ 2233|
|South Carolina||GMC Yukon||16.7%||$ 12,442|
|South Dakota||Subaru Outback||6.34%||2261 US dollars|
|Tennessee||Kia Telluride||14.7%||$ 6,594|
|Texas||Toyota RAV4 Hybrid||19.4%||$ 6833|
|Utah||Toyota RAV4||12.5%||4171 US dollars|
|Vermont||Toyota Tacoma||9.2%||$ 3,447|
|Virginia||Ford Bronco Sport||14.1%||$ 4863|
|Washington||Toyota RAV4 Hybrid||20.2%||$ 7060|
|West Virginia||Chevrolet TrailBlazer||21.4%||$ 6080|
|Wisconsin||Chevrolet TrailBlazer||14.9%||$ 3974|
|Wyoming||Jeep Grand Cherokee||12.2%||$ 5826|
- The Toyota Tacoma pickup is a used car that is the most expensive compared to the new version in most of the 8 states.
- The second-hand car, which costs the most compared to the new version, is the Mercedes-Benz G-Class in California with a price increase of 50.4 percent.
- SUVs are the most common type of vehicle, accounting for 31 out of 50 vehicles.
What does this mean for consumers?
When deciding between new and lightweight versions of the same car, important things should be considered. Although buying a used car usually provides upfront savings over buying a new one, this is no longer the norm in today’s market. Buyers looking for cars should always compare prices with new cars, and buyers who can’t find the new car they are looking for should avoid the models with the highest price increases if they choose to use instead.
More from iSeeCars.com:
iSeeCars.com analyzed more than 1.5 million vehicles sold between January 1, 2022 and January 31, 2022. The new cars included in the analysis belonged to the model years 2021 and 2022, and cars were identified as used cars 2020 and 2021. Low-volume models were excluded from the analysis, as were higher-mileage cars and models discontinued as of the 2021 model year. The average asking prices for cars were compared with the prices of new cars of the same model. The difference in the price of each car was expressed as a percentage of the new average prices and ranked by that difference.
iSeeCars.com is about car search engine which helps buyers find the best car deals by giving key ideas and valuable resources such as iSeeCars free VIN check reports and The best cars ratings. iSeeCars.com has so far saved users more than $ 325 million by applying big data analytics based on more than 25 billion (and growing) data points and using patented algorithms to objectively analyze, evaluate, and rank millions of new and used cars.
This article The most inflated used car in every stateoriginally appeared on iSeeCars.com.
Here are the most overpriced used cars in North and South Carolina
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