“Convertibles, which are mainly luxury and sports cars, are the most expensive, but also comprise the lowest vehicle share.” “SUVs are the prevailing vehicle type, comprising 43 percent of all used car sales,” said Brauer. This vehicle mix gives Hawaii the eighth-lowest used car vehicle cost of all states.Īverage Used Car Price by Vehicle Segment The state also has the second-highest share of passenger cars at 45.6 percent and the highest share of minivans, at 5.3 percent. Hawaii has the lowest share of SUVs, but the vehicle still accounts for one-third of the state’s vehicles. This suggests the state has a preference for sports and luxury cars. Florida is the state with the highest share of convertibles, ranks fourth for sedans, and ranks fifth for coupes, while having the country’s fifth-highest used car price for sedans. California is also the state where sedans are the most expensive, showing that state residents have a preference for more premium sedans. Passenger cars are the most popular vehicle type in states with temperate climates, with California having the highest share at 49.9 percent. Pickup trucks have the highest share in Wyoming at 37.2 percent, which contributes to the state ranking second for having the most expensive used cars in the country. Interestingly, despite a pickup truck model being the most popular car in most states, that vehicle type is not the most popular category in any state. Moreover, Massachusetts has the sixth-lowest share of pickup trucks, which contributes to the state paying less than the national average for used cars. The state with the highest share of SUVs is Massachusetts at 49.7 percent. SUVs are the most popular vehicle type in 42 of 50 states, while passenger cars account for the remaining eight states. Most Popular Vehicle Type By State – iSeeCars Despite the declining popularity of passenger cars (defined as sedans, coupes, convertibles, hatchbacks, and wagons), that vehicle type is the most popular wherever SUVs don’t hold the title. ![]() To better understand how much drivers in each state pay for used vehicles, iSeeCars examined each state’s share of the most common vehicle type. SUVs, the state’s most popular vehicle type, have the lowest average price across all states at $22,640. Of the top 5 states with the highest used car prices, four are Western states.Īs for the state where consumers pay the least, Indiana earns the distinction with an average used car price of $21,961. Trucks are the most expensive vehicle type among Alaskan drivers, with an average price of $40,133. Which States Pay the Most for Cars? – iSeeCarsĪlaska is the state with the most expensive used cars with an average price of $29,656, which is 20 percent higher than the national average. ![]() 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: “States with temperate climates tend to have more lower-priced sedans, while mountainous and harsh climate areas prefer trucks and SUVs.” “Supply and demand for certain vehicle types varies geographically, which is why used car prices vary across cities and states,” said iSeeCars Executive Analyst Karl Brauer. The shares of trucks, SUVs, passenger cars (defined as sedans, coupes, convertibles, hatchbacks, and wagons), and minivans within each state were also calculated and used as ranking metrics across states. ![]() ISeeCars analyzed eight million car sales to determine where drivers pay the most and least for used cars. The state with the most expensive used cars (Alaska), pays $7,695 more than the state with the least expensive used cars (Indiana). ![]()
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