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  • Top 15 Used Cars That Cost More Than New Ones

    Top 15 Used Cars That Cost More Than New Ones

    We recently shared a list of the Best Used Cars to Buy Right Now.  This week, we turn to used vehicles you may want to steer clear of in the current market. They are iSeeCars.com's Top 15 Cars That Cost More Used Than New.  (On the flip side, we'll also share their list of new cars that cost more than used.)

    Sky high used car prices is a topic The Car Pro Jerry Reynolds tackles weekly on the Car Pro Radio Show. He also watches used car auction prices each week for insight on what car shoppers can expect. iSeeCars.com's data echoes what he is seeing in the used car marketplace  - and that's continuing record high prices amid the ongoing microchip shortage.

    According to iSeeCars.com's new data analysis, the average one-year-old lightly-used car costs 1.3 percent more than its new version. However, some lightly-used vehicles have price increases far greater than this average. 

    Top 15 Used Cars More Expensive than New 


    iSeeCars.com analyzed asking prices from over 1.5 million new and used cars sold from January 1, 2022 to January 31, 2022.   So what vehicles are the priciest used over new? Researchers say it's a mix of gas guzzling SUVs and economical cars and hybrids.  The used vehicle that's the most expensive over its newer version is the Mercedes-Benz G-Class. 

    mercedes-g-class-credit-mercedes Mercedes G-Class. Credit: Mercedes-Benz.

    Top 15 Used Cars More Expensive than New - iSeeCars
    Rank (By Percentage) Model % Used Price More than New $ Used Price More than New
    1 Mercedes-Benz G-Class 35.6% $62,705
    2 Chevrolet Corvette 20.2% $16,645
    3 Tesla Model 3* 17.8% $8,300
    4 Ford Bronco Sport 16.4% $5,766
    5 Chevrolet Trailblazer 15.6% $4,270
    6 Toyota RAV4 Hybrid 14.8% $5,298
    7 Chevrolet Suburban 12.9% $9,106
    8 Toyota Tacoma 12.2% $4,530
    9 Toyota C-HR 12.2% $3,230
    10 Kia Telluride 12.1% $5,552
    11 Kia Rio 11.7% $2,090
    12 Subaru Crosstrek 11.7% $3,524
    13 GMC Yukon 11.3% $8,258
    14 Toyota Sienna 11.2% $5,074
    15 Hyundai Accent 11.2% $2,010
    Overall Average 1.3% $553

     

    Top 15 New Cars More Expensive Than Used


    The Ford Mustang tops the list of new cars that cost more to buy new than used. It's followed by the BMW 7 Series and Acura MDX.  As you'll see on the list,  Nissan shows up the most with five lightly used cars that provide the greatest savings over their new versions.

    2022 Ford Mustang Stealth Edition_032022 Ford Mustang Stealth Edition. Credit: Ford.

    Top 15 New Cars More Expensive Than Used - iSeeCars
    Rank (By Percentage) Model % New Price More than Used $ New Price More than Used
    1 Ford Mustang 19.4% $9,519
    2 BMW 7 Series 18.7% $19,206
    3 Acura MDX 17.1% $9,766
    4 Buick Enclave 16.8% $8,932
    5 Nissan Pathfinder 16.7% $7,032
    6 Nissan Murano 15.8% $7,048
    7 Audi A6 15.6% $10,079
    8 Volkswagen Golf GTI 15.2% $5,879
    9 Mitsubishi Outlander 14.9% $4,839
    10 Jeep Cherokee 12.7% $4,547
    11 Mercedes-Benz E-Class 12.6% $8,925
    12 Nissan Armada 12.1% $7,834
    13 Nissan Maxima 11.5% $5,005
    14 Land Rover Discovery Sport 11.3% $6,047
    15 Nissan LEAF 10.9% $3,704
    Overall Average -1.3% -$553

     

    For more details visit iSeeCars by clicking here.


    Photo Credit: Mercedes-Benz.