Used Car Market Still Insane, These 10 Models Are More Expensive Than New

There’s one thing very bizarre occurring on the automotive market – some used vehicles are dearer than their respective new variations. This can be a phenomenon we don’t see typically, although it has a quite simple rationalization – the business simply can’t ship as many new vehicles as the shoppers wish to purchase.

This drives the costs on the used automotive market to a degree the place they get dearer than model new automobiles. The one little distinction is which you can obtain a used automotive in a matter of only a few days, whereas a brand new automotive supply can take as much as 12 months, relying on the make, mannequin, specification, and market.

As new market analysis by iSeeCars confirms, the used automotive costs are at a report excessive degree. Based mostly on information by the search engine platform, the typical one-year-old used automotive prices 1.3 p.c greater than an equal new automotive. Nevertheless, some fashions price tens of instances extra as used vehicles in comparison with their variations from the vendor ground. These outcomes are based mostly on asking costs from over 1.5 million new and used vehicles bought in america from January 1, 2022, to January 31, 2022.

It seems the Mercedes-Benz G-Class is an absolute hit on the used automotive market within the US. On common, you should buy a one-year-old G-Class instantly for 35.6 p.c greater than the price of an equal model new G. The Chevrolet Corvette comes second with 20.2 p.c dearer used examples in comparison with model new vehicles. The Tesla Mannequin 3 is third (17.8 p.c), adopted by the Ford Bronco Sport (16.4 p.c), and the Chevrolet Trailblazer (15.6 p.c). Under is the checklist of the High 10 used vehicles which can be costliest than new, in keeping with information by iSeeCars.