Used car prices have declined from record highs, but they are still significantly higher than they were a year ago as a result of the ongoing microchip shortage. Limited inventory of new cars has increased demand for used cars, and as fewer people are trading in used cars to buy new ones, used cars remain in short supply and command higher prices.
Due to regional used car price variations, budget-minded used car shoppers who are willing to travel can increase their chances of getting a good deal. “When looking at the most popular cars on the market, used car prices can vary by as much as $14,166 between cities,” said iSeeCars Executive Analyst Karl Brauer. “In today’s market, deals on used cars are hard to come by, and even after purchasing a plane ticket or taking a road trip, consumers may find traveling to buy a used car in another state to be worth it for significant savings.”
iSeeCars analyzed the used car prices of the top 25 most popular cars to determine the cities where they are the most and least expensive.
Used Cars With the Largest Price Disparities Between the Most and Least Expensive Cities
When examining local prices of the most popular cars, the vehicles with the largest price disparities had at least a 22 percent price difference between the cheapest and most expensive cities.| Popular Used Cars With the Largest Price Disparities Across the U.S. - iSeeCars Study | |||||
| Rank | Vehicle | Cheapest City to Buy the Car | Most Expensive City to Buy the Car | % Savings | $ Savings |
| 1 | Nissan Rogue | San Antonio, TX | Fairbanks, AK | 32.4% | $10,738 |
| 2 | Jeep Grand Cherokee | Baton Rouge, LA | Fairbanks, AK | 27.8% | $13,152 |
| 3 | Ford F-150 | Zanesville, OH | Glendive, MT | 26.8% | $14,166 |
| 4 | Honda Civic | Lincoln & Hastings-Kearney, NE | Harlingen-Weslaco-McAllen, TX | 26.7% | $8,514 |
| 5 | Ford Escape | Fresno-Visalia, CA | Alpena, MI | 26.4% | $7,599 |
| 6 | Ford Explorer | Lafayette, IN | Fairbanks, AK | 25.8% | $11,103 |
| 7 | Subaru Forester | Duluth, MN-Superior, WI | Columbus-Tupelo-West Point, MS | 23.5% | $7,889 |
| 8 | Toyota Tacoma | Miami-Ft. Lauderdale, FL | Anchorage, AK | 23.5% | $10,394 |
| 9 | GMC Sierra 1500 | Marquette, MI | Casper-Riverton, WY | 22.5% | $12,144 |
| 10 | Ram 1500 | Lafayette, IN | Anchorage, AK | 22.0% | $10,701 |
The Subaru Forester provides the greatest savings with the shortest distance between its most expensive and least expensive city. “Shoppers in the Duluth metropolitan area can drive 17 hours to save nearly $8,000,” said Brauer. “Even factoring in gas for the round trip that would cost around $300, hotel costs at around $150 per night, or even a one-way plane ticket for under $500, traveling to purchase this vehicle can yield significant savings.”
Best Cities to Buy Popular Used Cars at the Lowest Prices
iSeeCars found which cities offer the greatest savings on each of the most popular used cars when compared to the nationwide average.| Cities with the Best Prices for Popular Used Cars - iSeeCars Study | ||||||
| Rank | Vehicle | Cheapest City to Buy the Car | Local Used Car Price | National Used Car Price | % Savings | $ Savings |
| 1 | Honda Civic | Lincoln & Hastings-Kearney, NE | $23,375 | $28,169 | 17.0% | $4,794 |
| 2 | GMC Sierra 1500 | Marquette, MI | $41,886 | $48,300 | 13.3% | $6,414 |
| 3 | Subaru Forester | Duluth, MN-Superior, WI | $25,648 | $29,353 | 12.6% | $3,705 |
| 4 | Ram 1500 | Lafayette, IN | $37,890 | $43,302 | 12.5% | $5,411 |
| 5 | Nissan Rogue | San Antonio, TX | $22,372 | $25,353 | 11.8% | $2,981 |
| 6 | Ford Escape | Fresno-Visalia, CA | $21,147 | $23,952 | 11.7% | $2,805 |
| 7 | Jeep Wrangler | Springfield-Holyoke, MA | $32,211 | $36,359 | 11.4% | $4,148 |
| 8 | Toyota Tacoma | Miami-Ft. Lauderdale, FL | $33,880 | $38,155 | 11.2% | $4,275 |
| 9 | Hyundai Tucson | Elmira, NY | $22,412 | $25,126 | 10.8% | $2,714 |
| 10 | Chevrolet Silverado 1500 | St. Joseph, MO | $37,745 | $42,242 | 10.6% | $4,496 |
Best and Worst Used Car Deals on Popular Cars in Major Cities
iSeeCars looked at the 50 most populous metro areas to determine the used cars that are priced the most above and below the national average.| Best and Worst Used Car Deals on Popular Cars in Major Cities | ||||||
| City | Vehicle with Most Savings | % Savings | $ Savings | Most Overpriced Vehicle | % Overpriced | $ Overpriced |
| Albuquerque-Santa Fe, NM | Toyota Corolla | 0.8% | $174 | Jeep Wrangler | 8.0% | $2,902 |
| Atlanta, GA | Ford Explorer | 1.3% | $466 | Ford Escape | 2.6% | $629 |
| Austin, TX | Jeep Grand Cherokee | 3.3% | $1,211 | Subaru Outback | 4.0% | $1,231 |
| Baltimore, MD | Ford Escape | 4.1% | $987 | Honda Pilot | 2.0% | $722 |
| Birmingham, AL | Jeep Grand Cherokee | 4.6% | $1,685 | Honda Civic (hatchback) | 4.6% | $1,307 |
| Boston, MA-Manchester, NH | Jeep Wrangler | 4.6% | $1,678 | Chevrolet Equinox | 2.7% | $678 |
| Charlotte, NC | Toyota Tacoma | 1.0% | $382 | Honda Civic (hatchback) | 4.4% | $1,237 |
| Chicago, IL | Toyota Camry | 2.4% | $629 | Jeep Grand Cherokee | 4.6% | $1,688 |
| Cincinnati, OH | GMC Sierra 1500 | 5.5% | $2,662 | Chevrolet Equinox | 1.8% | $454 |
| Columbus, OH | GMC Sierra 1500 | 4.6% | $2,217 | Honda Pilot | 1.1% | $382 |
| Dallas-Ft. Worth, TX | Toyota 4Runner | 3.1% | $1,326 | Honda Civic (hatchback) | 6.0% | $1,678 |
| Denver, CO | Toyota Corolla | 3.5% | $758 | Jeep Grand Cherokee | 5.9% | $2,176 |
| Grand Rapids-Kalamazoo, MI | Subaru Forester | 9.0% | $2,634 | Honda Pilot | 4.7% | $1,687 |
| Greensboro-Winston Salem, NC | Honda Civic (hatchback) | 3.2% | $903 | GMC Sierra 1500 | 1.9% | $939 |
| Greenville-Spartanburg, SC | Ford F-150 | 2.0% | $834 | Honda Accord | 4.4% | $1,193 |
| Harrisburg-Lancaster-York, PA | Toyota 4Runner | 1.6% | $693 | Nissan Rogue | 6.9% | $1,742 |
| Hartford & New Haven, CT | GMC Sierra 1500 | 6.9% | $3,339 | Hyundai Tucson | 1.1% | $277 |
| Houston, TX | Ford Escape | 3.9% | $926 | Honda Civic (hatchback) | 5.1% | $1,442 |
| Indianapolis, IN | GMC Sierra 1500 | 2.7% | $1,324 | Hyundai Tucson | 4.3% | $1,088 |
| Jacksonville, FL | Toyota Tacoma | 6.0% | $2,278 | Ram 1500 | 0.9% | $395 |
| Kansas City, MO | Subaru Outback | 5.1% | $1,564 | Honda CR-V | 4.1% | $1,218 |
| Las Vegas, NV | Ford Escape | 1.5% | $351 | Jeep Wrangler | 4.8% | $1,727 |
| Los Angeles, CA | Toyota Highlander | 2.5% | $938 | Toyota Corolla | 4.1% | $896 |
| Louisville, KY | Honda Civic (hatchback) | 3.2% | $896 | Toyota Camry | 3.4% | $907 |
| Miami-Ft. Lauderdale, FL | Toyota Tacoma | 11.2% | $4,275 | Subaru Forester | 2.5% | $740 |
| Milwaukee, WI | Honda Civic (hatchback) | 5.4% | $1,512 | Jeep Grand Cherokee | 4.4% | $1,635 |
| Minneapolis-St. Paul, MN | Ford F-150 | 4.3% | $1,830 | Nissan Rogue | 4.3% | $1,099 |
| Nashville, TN | Ford Escape | 1.8% | $439 | Toyota RAV4 | 4.1% | $1,227 |
| New Orleans, LA | Ford Explorer | 6.0% | $2,122 | Subaru Outback | 3.6% | $1,126 |
| New York, NY | Honda Civic (hatchback) | 5.9% | $1,669 | Ford F-150 | 2.2% | $919 |
| Norfolk-Portsmouth-Newport News,VA | Subaru Outback | 2.6% | $818 | Honda Accord | 3.3% | $907 |
| Oklahoma City, OK | Ford Explorer | 4.5% | $1,600 | Honda Civic (hatchback) | 5.2% | $1,475 |
| Orlando-Daytona Beach, FL | Toyota Tacoma | 7.2% | $2,733 | Subaru Forester | 1.7% | $509 |
| Philadelphia, PA | Honda Civic (hatchback) | 1.4% | $388 | Chevrolet Equinox | 2.7% | $682 |
| Phoenix, AZ | Nissan Rogue | 2.0% | $504 | Jeep Wrangler | 5.7% | $2,079 |
| Pittsburgh, PA | Honda Civic (hatchback) | 7.2% | $2,029 | Ford Escape | 4.5% | $1,079 |
| Raleigh-Durham (Fayetteville), NC | Toyota Tacoma | 2.7% | $1,027 | Chevrolet Silverado 1500 | 2.1% | $899 |
| Sacramento-Stockton-Modesto, CA | Nissan Rogue | 0.6% | $148 | Jeep Wrangler | 4.5% | $1,621 |
| Salt Lake City, UT | Honda Civic (hatchback) | 6.8% | $1,920 | Ford F-150 | 5.9% | $2,497 |
| San Antonio, TX | Nissan Rogue | 11.8% | $2,981 | Honda Civic (hatchback) | 6.3% | $1,783 |
| San Diego, CA | Ford Escape | 5.2% | $1,255 | Toyota RAV4 | 2.9% | $883 |
| San Francisco-Oakland-San Jose, CA | Hyundai Tucson | 3.9% | $978 | Jeep Grand Cherokee | 3.4% | $1,259 |
| Seattle-Tacoma, WA | Honda Accord | 0.0% | $6 | Toyota Tacoma | 8.8% | $3,347 |
| St. Louis, MO | GMC Sierra 1500 | 4.6% | $2,239 | Ford Escape | 5.4% | $1,301 |
| Tampa-St Petersburg (Sarasota), FL | Toyota Tacoma | 7.1% | $2,711 | Jeep Wrangler | 1.6% | $589 |
| Washington, DC (Hagerstown, MD) | Ford Escape | 2.0% | $470 | GMC Sierra 1500 | 3.2% | $1,554 |
| West Palm Beach-Ft. Pierce, FL | Toyota Tacoma | 6.7% | $2,568 | Subaru Outback | 2.5% | $762 |
The popular used car that provides the most savings across all cities is the Nissan Rogue in San Antonio, which costs 11.8 percent or $2,981 below average. The most overpriced popular used car across all cities is the Toyota Tacoma in Seattle, which costs 8.8 percent or $3,347 above the national average.
Bottom Line
It can be difficult to find a deal on a used car in today’s market, but expanding your search radius can provide consumers with the best chance to find more savings. “Even if you can’t travel to the city with the greatest savings on your car, you will probably find greater savings beyond your local area, making the travel worth it,” said Brauer.
Methodology
iSeeCars.com analyzed over 1.3 million 1-5 year old used cars from the top best-selling models sold between January and April of 2022. The average asking price of each model in each DMA was calculated, and the highest and lowest prices were compared to each other, as well as the nationwide average price. Model/city combinations with low inventory were excluded from the analysis.
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About iSeeCars.comiSeeCars.com is a car search engine that helps shoppers find the best car deals by providing key insights and valuable resources, like the iSeeCars VIN check reports and Best Cars rankings. iSeeCars.com has saved users over $337 million so far by applying big data analytics powered by over 25 billion (and growing) data points and using proprietary algorithms to objectively analyze, score and rank millions of new cars and used cars.
