Used car prices have reached record highs, with the average used car price at $24,710 according to iSeeCars.com’s recent analysis. This is a result of demand outstripping supply and because of consumer preference for more expensive SUVs and trucks over less expensive passenger cars.
Car buyers in some states pay well above this average, while others pay far below. The state with the most expensive used cars (Alaska), pays $7,695 more than the state with the least expensive used cars (Indiana).
iSeeCars analyzed 8 million car sales to determine which states pay the most and least for used cars.
Used Car Prices by State
Which states pay the most for their used cars, and which states pay the least? Here are the average used car prices by state in descending order:| Average Used Car Price By State - iSeeCars | ||
| Rank | State | Average Used Car Price |
| 1 | Alaska | $29,656 |
| 2 | Wyoming | $29,419 |
| 3 | Montana | $27,303 |
| 4 | Arkansas | $27,123 |
| 5 | Idaho | $26,662 |
| 6 | Texas | $26,620 |
| 7 | New Mexico | $26,261 |
| 8 | Mississippi | $25,788 |
| 9 | New York | $25,693 |
| 10 | California | $25,555 |
| 11 | Florida | $25,478 |
| 12 | Nevada | $25,317 |
| 13 | Georgia | $25,299 |
| 14 | West Virginia | $25,260 |
| 15 | North Dakota | $25,259 |
| 16 | South Dakota | $25,156 |
| 17 | Oklahoma | $25,128 |
| 18 | Louisiana | $24,979 |
| 19 | North Carolina | $24,976 |
| 20 | Rhode Island | $24,962 |
| 21 | Utah | $24,842 |
| Average Used Car Price | $24,710 | |
| 22 | Colorado | $24,684 |
| 23 | Oregon | $24,649 |
| 24 | Maine | $24,576 |
| 25 | Alabama | $24,534 |
| 26 | Arizona | $24,520 |
| 27 | Massachusetts | $24,491 |
| 28 | Illinois | $24,421 |
| 29 | Washington | $24,398 |
| 30 | South Carolina | $24,390 |
| 31 | Kansas | $24,357 |
| 32 | New Jersey | $24,329 |
| 33 | Wisconsin | $24,315 |
| 34 | Tennessee | $24,273 |
| 35 | Missouri | $24,142 |
| 36 | New Hampshire | $24,104 |
| 37 | Vermont | $24,033 |
| 38 | Maryland | $23,934 |
| 39 | Nebraska | $23,725 |
| 40 | Pennsylvania | $23,488 |
| 41 | Delaware | $23,469 |
| 42 | Michigan | $23,348 |
| 43 | Hawaii | $23,290 |
| 44 | Minnesota | $23,120 |
| 45 | Iowa | $23,062 |
| 46 | Kentucky | $22,995 |
| 47 | Virginia | $22,618 |
| 48 | Connecticut | $22,528 |
| 49 | Ohio | $22,244 |
| 50 | Indiana | $21,961 |
- Alaska is the state with the most expensive used cars with an average used car price of $29,656. SUVs are the most common vehicle type in Alaska, accounting for 45 percent of all used vehicle purchases. Trucks are the most expensive vehicle type among Alaskan drivers, with an average price of $40,133.
- Indiana consumers pay the least for their used cars with an average used car price of $21,961. The most common vehicles in Indiana are SUVs, which have an average price of $22,640.
- Of the top 5 states with the highest used car prices, four are Western states.
- California has the highest share of sedans at 34.8 percent, and the state also has the highest average used car price for sedans at $20,406.
Methodology
iSeeCars.com analyzed over 8 million used car sales from February - July 2021. The average price of used cars was aggregated for each state, as was the share of each body type's sales within the state.
About iSeeCars
iSeeCars helps millions of people make smarter car decisions and find the best deals by leveraging data-driven research and unbiased analysis. iSeeCars Research conducts independent studies that provide key insights on vehicles, market trends, and the automotive industry, including Best Cars Rankings and the annual Longest Lasting Cars Study. With the goal of making car shopping easier and more transparent, iSeeCars.com analyzes millions of car listings and offers valuable resources like iVIN Reports, Window Stickers, and Build Sheets. iSeeCars has saved users over $451 million using over 25 billion data points and proprietary algorithms to objectively analyze, score, and rank new and used vehicles.
