Which cities have the highest used car prices? An NC town is in the mix

(iSeeCars) – Used car prices have reached record highs, with the average used car price at $30,799 according to recent analysis from iSeeCars.com.

Car buyers in some cities pay well above this average, while others pay well below. In which cities can drivers expect to pay the most and least for used cars? iSeeCars analyzed 3.5 million car sales to answer this question.

Cities with the highest used car prices:

The 10 metropolitan areas with the highest used car prices pay between $703 and $5,698 more than the average used car price.

Cities with the highest used car prices – iSeeCars
Rank City Average price of a used car
1 West Palm Beach-Ft. Pierce, Florida $36,497
2 Miami-Ft. Lauderdale, Florida $33,918
3 Austin, TX $33,271
4 Dallas-Ft. Worth, TX $33,028
5 Charlotte, North Carolina $32,418
6 New York, NY $32,141
seven San Francisco-Oakland-San Jose, California $31,872
8 Albuquerque-Santa Fe, New Mexico $31,740
9 Houston, TX $31,656
ten Los Angeles, CA $31,502
Average price of a used car $30,799
  • The metro area with the most expensive used cars is the West Palm Beach-Fort Pierce, Florida metro area with an average used car price of $36,497.
  • The metro area with the second highest used car prices is a second Florida metro area, Miami-Fort Lauderdale, with an average used car price of $33,918.
  • Three Texas metro areas make the list of top 10 locations with the most expensive used cars, including Austin, Dallas-Fort Worth, and Houston.

Cities with lowest used car prices:

The 10 metropolitan areas with the lowest used car prices pay between $4,666 and $5,698 less than the average used car price.

Cities with the lowest used car prices – iSeeCars
Rank City Average price of a used car
1 Hartford and New Haven, Connecticut $26,133
2 Norfolk-Portsmouth-Newport News, Virginia $26,146
3 Cincinnati, Ohio $26,757
4 Columbus, Ohio $26,931
5 Grand Rapids – Kalamazoo, MI $27,523
6 Sacramento-Stockton-Modesto, California $27,816
seven Louisville, Kentucky $28,287
8 Orlando-Daytona Beach, Florida $28,365
9 Cleveland-Akron (Township), OH $28,443
ten Indianapolis, Indiana $28,478
Average price of a used car $30,799
  • The metro area with the least expensive used cars is the Hartford and New Haven, Connecticut metro area, with an average used car price of $26,133.
  • While two metropolitan areas in Florida had the highest average used car prices, the Orlando-Daytona Beach metro area is among the areas with the lowest prices.
  • Three Ohio metropolitan areas make the top 10 list with the lowest average used car prices: Cincinnati, Columbus, and Cleveland-Akron (Canton).

What does this mean for car buyers? If you’re looking for a used car in today’s market, there might be a better selection of affordable used cars in a nearby city or state.

More iSeeCars:

Methodology:

iSeeCars.com analyzed over 3.5 million used car sales from January 1, 2022 through January 20, 2022. The average used car price was aggregated for each metropolitan area.

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 and top car rankings. iSeeCars.com has saved users over $321 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, Which Cities Have the Highest Used Car Prices?, originally appeared on iSeeCars.com.

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