Home 5 In The News 5 Ranking Average Used Car Prices: Top 12 Cheapest And Most Expensive States

Ranking Average Used Car Prices: Top 12 Cheapest And Most Expensive States

by | Mar 7, 2023 | In The News

In the used car market, nothing lasts forever. Prices always go up and down on a regular basis. Consumer preferences change and the market is redefined by emerging trends. All these point to the fact that one has to keep eyes and ears open for every update regarding average used car prices; that is the most effective way to get the most out of your car shopping experience. 

Some key facts to consider:

  • Awareness of the average used car prices across the states help with budget planning and keeping your finances safe and sound. 
  • Getting familiar with used car prices will help determine whether you are getting a good deal when shopping for a used car, find the best car for your budget, and get the most for your money. 
  • Understanding the average used car price can provide insight into the current economic conditions in the state and the current car market in the area. This can be beneficial for people looking to buy a used car, as it can help them make an informed decision and negotiate a better deal.

A car’s sticker price is defined by factors such as these:

  • Popularity of models
  • Location
  • Materials
  • Taxes
  • Manufacturer’s suggested retail price

Brand-new cars may be uniformly priced, but an older version can appear with different price tags in different places

According to iSeeCars, the national average used car price is $33,582. We will use it as a baseline to compare how cheaper or expensive the average used car price per state is relative to the national average. 

Based on this metric, we were able to determine the top 12 US states with the cheapest average used car prices as of this writing. 

StateDifference vs. national average
Vermont6.37% ($2139.17 less)
New Hampshire5.21% ($1749.62 less)
Ohio3.92% ($1316.41 less)
Hawaii3.58% ($1202.23 less)
Rhode Island2.37% ($795.89 less)
Delaware1.96% ($658.20 less)
Indiana1.93% ($648.13 less)
Connecticut1.76% ($591.04 less)
Pennsylvania1.45% ($486.93 less)
Massachusetts1.05% ($352.61 less)
New York1.01% ($339.17 less)
Maryland0.62% ($208.20 less)

On the opposite corner, we have 12 states that command the priciest average used car prices in America. You may refer to this list if you live in one of these states and you plan to buy a used car in another state to save money. 

StateDifference vs. national average
Iowa6.45% ($2166.03 more)
California6.48% ($2176.11 more)
Louisiana6.88% ($2310.44 more)
Georgia7.24% ($2431.33 more)
Washington7.55% ($2535.44 more)
Arkansas8.22% ($2760.44 more)
Idaho10.45% ($3509.31 more)
South Dakota10.74% ($3606.70 more)
North Dakota12.47% ($4187.67 more)
Montana15.96% ($5359.68 more)
Alaska20.48% ($6877.59 more)
Wyoming23.29% ($7821.24 more)

Now What?

Now that you are aware of the cheapest and most expensive average used car prices in the US, it is time to consider your approach to used car shopping. It is ideal to learn about the vehicle history of your chosen car. You can do this with either a VIN check or a license plate lookup. If you want more state-specific data, a dedicated state-specific lookup, like California license plate lookup, can definitely help especially if you live in that state. 

Buy Used Cars And Save Money

Make the most of your vehicle history search by taking necessary steps to maximuze the value of a sale. Your knowledge of a car will be key to ensuring that you are not scammed off your hard-earned money, but there are other things that can be done to minimize your expenses.  

Saving money when buying a used car can seem daunting, but with a few simple tips, you’ll be able to get the car of your dreams without breaking the bank. 

Do your research – Research the model and make of car you are interested in, as well as the price range that is reasonable. Look online for reviews and compare prices with different dealerships. We recommend Edmunds for in-depth expert reviews of models you may like. 

Use Kelley Blue BookKelley Blue Book is a great resource to use when determining the price of a used car. This will help you make sure you are getting the best price and that you are not overpaying.

Ask for a vehicle history report – A vehicle history report will provide you with important details about the car’s past, such as if it has been in an accident or if it has been recalled. 

Test drive – Make sure to take the car for a test drive to get a feel for how it handles and how comfortable it is. 

Ask for relevant records – Ask the seller for any relevant records on maintenance and DMV and make sure to inspect the vehicle thoroughly. 

Get an independent inspection – Bringing in an independent mechanic to inspect the vehicle can help you identify any potential problems that can present a problem in the future.

Negotiate – Don’t be afraid to negotiate the price, as dealerships will often be willing to give you a better deal if you are willing to haggle. 

Following these tips can help ensure you get the car you want at a price you can afford. With a little bit of research and negotiation, you’ll be able to drive away with the car of your dreams.

Article by Category
Recent Articles

2023 Best Luxury Cars

When it comes to the world of luxury cars, finding the best one in the $40,000 – $100,000+ price range can be a daunting task. There are numerous factors to consider, ranging from performance and features to comfort and overall driving experience. Shopping for a car...

Best SUVs and Crossovers Cars ($20,000 – $100,000+)

When it comes to purchasing a car, finding the perfect SUV to suit your needs can be overwhelming. With a wide range of options available, from used SUVs to brand-new luxury models, it's important to consider various factors to make the best choice. Before you buy...

Best Mid-Range Cars and SUVs ($20,000 – $35,000)

Looking for a reliable and stylish mid-range car without breaking the bank? Whether you're in the market for a sleek sedan, a versatile crossover, or a sporty coupe, you'll find the perfect option with diligent research! The car market is teeming with mid-range...

Best Economy Cars Under $15,000 – $25,000

In today's automobile market, finding the best economy or budget car that suits your needs and fits within the $15,000 to $25,000 price range can be a daunting task. With the wide variety of new and used vehicles available, it's essential to consider the factors that...

Best Trucks($25,000 – $70,000+)

When searching for the best trucks for sale in the price range between $25,000 and over $70,000, several factors should be taken into consideration, such as the resale value, price tag, quality, safety, and warranty. Luckily for you, VIN Check is here to help you find...

You might like

The Rise of Electric Vehicles: Trends and Statistics

In recent years, the automotive industry has witnessed a profound transformation driven by the rising adoption of electric vehicles (EVs). With a growing global emphasis on sustainability, technological advancements, and supportive government policies, electric...

Used Car Market: What To Expect In The Future

Used Car Market: What To Expect In The Future

Technavio has predicted that the worldwide used car market will grow by $703 billion more by 2027. As of late 2022, its size is estimated to clock USD 1.66 trillion. Within the five-year period (2022 - 2027), the compound annual growth rate is foreseen to reach 6.7%...

Used Car Prices – Sudden Dip and What the Future Holds

Used Car Prices – Sudden Dip and What the Future Holds

It has been a wild roller coaster ride for used car prices. Prices heavily fluctuate since the economy grinds to a halt in 2020.  As pandemic restrictions loosen up, the secondhand market has found itself with exploding demand, causing prices to reach an all-time...