Here are the most overpriced used cars in North and South Carolina

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Unused cars that cost more compared to buying new ones

The long queue of unsold Tacoma 2021 pickups is at the Toyota dealership on Sunday, November 8, 2020, in Englewood, Calaria (AP Photo / David Zalubowski)

(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:

Methodology

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.

About iSeeCars.com

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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