What is the most expensive used car in North Carolina?

The lightly used cars that are the most expensive compared to buying them new

A long line of unsold 2021 Tacoma pickup trucks sits at a Toyota dealership on Sunday, Nov. 8, 2020, in Englewood, Colo. (AP Photo/David Zalubowski)

(iSeeCars) – Used car prices are at record highs following the microchip shortage. According to the latest study by car search engine iSeeCars.com, an average one-year-old, lightly used car costs 1.3% more than its new version. However, some lightly used vehicles have price increases well above this average.

iSeeCars.com analyzed the prices of over 1.5 million new and used cars sold in January 2022 to identify lightly used cars that have the highest price increases over their new releases.

Here are the used cars that cost the most compared to their new version in each state:

Top Used Cars That Cost More Than New By Condition – iSeeCars
State Vehicle % Used price More than new $ Used price Less than new
Alabama Toyota Tacoma 15.0% $5,701
Alaska Subaru Crosstrek 28.3% $8,261
Arizona Chevrolet Trail Blazer 18.8% $5,004
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% $2,127
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% $8,748
Illinois Toyota Siena 17.4% $7,952
Indiana Ford Bronco Sports 18.5% $6,160
Iowa GMC Yukon 11.9% $8,748
Kansas Dodge Charger 20.5% $8,098
Kentucky Dodge Charger 24.1% $9,379
Louisiana GMC Yukon 17.0% $11,736
Maine Forestry Subaru 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% $6,747
Mississippi Toyota Tacoma 18.7% $6,706
Missouri Dodge Charger 18.0% $6,929
Montana Ford Bronco Sports 20.5% $7,070
Nebraska Toyota Tacoma 11.9% $4,488
Nevada Kia Soul 18.2% $3,858
New Hampshire Subaru Crosstrek 13.8% $3,984
New Jersey Toyota RAV4 Hybrid 22.2% $7,780
New Mexico Kia Sportage 22.5% $6,534
new York Ford Bronco Sports 19.7% $6,631
North Carolina Toyota RAV4 Hybrid 18.0% $6,570
North Dakota Chevy Tahoe 14.3% $9,798
Ohio Dodge Charger 18.9% $7,753
Oklahoma Toyota Tacoma 18.8% $7,102
Oregon Toyota RAV4 Hybrid 22.3% $7,840
Pennsylvania Dodge Charger 22.5% $8,658
Rhode Island Toyota Corolla 9.7% $2,233
Caroline from the south GMC Yukon 16.7% $12,442
South Dakota Subaru Outback 6.34% $2,261
Tennessee Kia Telluride 14.7% $6,594
Texas Toyota RAV4 Hybrid 19.4% $6,833
Utah Toyota RAV4 12.5% $4,171
Vermont Toyota Tacoma 9.2% $3,447
Virginia Ford Bronco Sports 14.1% $4,863
Washington Toyota RAV4 Hybrid 20.2% $7,060
West Virginia Chevrolet Trail Blazer 21.4% $6,080
Wisconsin Chevrolet Trail Blazer 14.9% $3,974
Wyoming jeep grand cherokee 12.2% $5,826
  • The Toyota Tacoma pickup is the most expensive used car compared to its new version in the most states with 8.
  • The most expensive used vehicle compared to its new version is the Mercedes-Benz G-Class in California with a price increase of 50.4%.
  • SUVs are the most represented type of vehicle with 31 vehicles out of 50.

What does this mean for consumers?

When deciding between a new and lightly used version of the same vehicle, there are some important things to consider. Although buying a lightly used car usually provides upfront savings compared to buying a new car, this is no longer the norm in today’s market. Buyers looking for lightly used cars should always compare prices to new cars, and buyers who can’t find the new car they’re looking for should avoid the models with the highest price increases if they decide to. use them instead.

More on iSeeCars.com:

Methodology

iSeeCars.com analyzed over 1.5 million cars sold between January 1, 2022 and January 31, 2022. New cars included in the analysis were from model years 2021 and 2022, while lightly used cars were defined as used vehicles from model years 2020 and 2021. Low-volume models were excluded from the analysis, as were cars with outlier mileage and discontinued models from model year 2021. Average asking prices lightly used cars were compared to those of new cars of the same model. The price difference for each car was expressed as a percentage of the new average prices and ranked according to this difference.

About iSeeCars.com

iSeeCars.com is a car search engine that helps shoppers find the best car deals by providing key information and valuable resources, like iSeeCars’ free VIN check reports and Best Cars rankings. iSeeCars.com has saved users over $325 million so far by applying big data analytics powered by over 25 billion data points (and growing) and using proprietary algorithms to analyze , rate and objectively classify millions of new and used cars.

This article, Most Expensive Used Car in Every Stateoriginally appeared on iSeeCars.com.

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