AutoInsurance.com did a study of where the cheapest used cars are in America. With the way used prices continue to rise, due to tariffs on new cars, I found this information might be useful to you.
Their Key Findings:
- The median selling price for a used car in the U.S. today is $17,990, ranging from $7,995 in Delaware to $32,761 in Alaska.
- The typical used car in the U.S. has 94,717 miles, based on more than 37,000 listings,
- Delaware, New Jersey, and Pennsylvania have the cheapest median used car prices.
- Alaska, Arizona, and Wyoming are the most expensive states to buy used cars.
- Used car prices correlated with mileage—higher prices were associated with lower-mileage vehicles.
- Montana has the most extensive inventory of used cars per capita, while Utah has the smallest.
To see the entire report, visit AutoInsurance.com.
Photo Credit: Paul Brennan/Shutterstock.com.