The Cheapest States to Buy a Used Car: Washington, Ohio, Virginia, Pennsylvania, Indiana #1-5
Wisconsin ranks seventh in study of America’s most affordable states for used cars
- Wisconsin is the seventh-lowest-priced state in America to buy a used car, with an average second-hand vehicle costing $28,307.74.
- Milwaukee has the state’s most affordable used cars ($24,073.93), while Mount Pleasant has the most expensive ($33,623.63).
- Alaska and Wyoming are the most expensive states to buy a used car, with the average cost reaching $35,486.97 and $34,360.20, respectively.
Wisconsin is the seventh-lowest-priced state in America to buy a used car, a new study has revealed.
Vehicle issue platform AutoTechIQ analyzed 68,852 unique used and certified pre-owned car listings on Cars.com. The listings for each state were grouped together to find the average cost of a used car. Exotic cars costing over $150,000 were not included in the study. The states were then ranked from lowest average cost to highest average cost to reveal the cheapest and most expensive spots to purchase a second-hand car.
Table: The cheapest states to buy a used car
Rank
|
State
|
Average Used Car Cost
|
1
|
Washington
|
$24,672.96
|
2
|
Ohio
|
$26,605.15
|
3
|
Virginia
|
$27,043.04
|
4
|
Pennsylvania
|
$28,085.28
|
5
|
Indiana
|
$28,213.04
|
6
|
Minnesota
|
$28,256.49
|
7
|
Wisconsin
|
$28,307.74
|
8
|
Vermont
|
$28,394.39
|
9
|
Nevada
|
$28,626.33
|
10
|
Michigan
|
$28,689.49
|
Wisconsin is home to the seventh-lowest average price for a second-hand car. With 1,183 listings statewide, the average cost of a used car is $28,307.74. Milwaukee is where you can pick up the cheapest used car on average ($24,073.93), whereas Mount Pleasant contains the state’s most expensive used vehicles ($33,623.63).
Washington ranks top as the cheapest state to purchase a used car. Of the 970 vehicle listings in the state, the average cost of a second-hand car is $24,672.96, almost $2,000 less than any other place in the country. For motorists looking for the best deals statewide, Deer Park is where the most affordable used cars are found, priced at an average of $12,042.88. Meanwhile, Bellevue is home to the state’s most expensive used cars, with the average cost at $48,404.30.
Ohio is the second cheapest state to buy a second-hand car, with an average price of $26,605.15. Approximately 2,484 listings were counted statewide, with 401 Ford, 326 Chevrolet, and 197 Jeep vehicles available. Hamilton is the most affordable city to buy a used car ($17,159.25), while Dublin is the priciest ($34,886.43).
Virginia ranks third with an average used car cost of $27,043.04. With the sixth-highest listings in any state (2,650), Virginia’s most popular used car brands are Ford, Chevrolet, and Nissan, with 307, 209, and 178 listings, respectively. Residents of Bedford live in the state’s cheapest spot for a second-hand car, where the average cost is just $6,353.89.
Pennsylvanians pay the fourth-lowest amount on average for a used car. The average used car in the state costs $28,085.28 based on 3,633 listings. Ford and Jeep are the two most common car brands listed, with 446 and 350 listings. Manheim is the most expensive place to purchase a used car in Pennsylvania, where the average cost is $58,061.46, while in Hazleton, the average cost is just $12,454.81.
Indiana rounds out the five states home to the cheapest second-hand cars. A used car costs an average of $28,213.04 for Hoosiers, with Chevrolet vehicles proving the most popular, accumulating 144 listings. Indianapolis has the state’s cheapest used cars ($26,545.85), whereas Evansville has more expensive vehicles, with an average cost of $32,258.65.
Minnesota takes sixth spot, with the average cost of a used car at $28,256.49. Of the 1,063 listings available in the state, 17.22% (or 183) are for Ford vehicles. Bloomington has the state’s most expensive second-hand cars, with the average vehicle on sale for $35,405.12.
Vermont ranks eighth and is one of two northeastern states in the top 10 ranking. The average listing price of a used car in Vermont is $28,394.39. Despite being the second least populated state, Vermont has 962 listings, more than 26 states nationwide. The cheapest used cars are in Williston ($22,088.13), while the most expensive are in St Albans ($33,258.71). Vermont is also one of only two states, alongside Arizona, with more listings for Toyota cars than any other brand (167).
Nevadans pay the ninth-lowest average in America for a second-hand car. Based on 503 listings, the average cost of a used car in Nevada is $28,626.33. Potential buyers in Reno see a cheaper average price than anywhere else in the state, with used cars listed at $27,529.85.
Michigan is the final state to be named among America’s cheapest states to purchase a used car. In the state, purchasing a second-hand car costs an average of $28,689.49, and Chevrolets are listed more than any other make (264). The cheapest used cars can be purchased in Grand Ledge, where the average price is $22,116.79, while the most expensive motors are in Benton Harbor and priced at $35,294.56.
Table: The most expensive states to buy a used car
Rank
|
State
|
Average Used Car Price
|
1
|
Alaska
|
$35,486.97
|
2
|
Wyoming
|
$34,360.20
|
3
|
Rhode Island
|
$34,091.97
|
4
|
Idaho
|
$33,649.49
|
5
|
Texas
|
$33,614.91
|
6
|
Utah
|
$33,482.27
|
7
|
Arkansas
|
$33,314.43
|
8
|
Maine
|
$33,239.83
|
9
|
Louisiana
|
$33,177.17
|
10
|
Montana
|
$33,123.70
|
Of all 50 states, Alaska and Wyoming are the most expensive states to buy a second-hand car, with the average cost reaching $35,486.97 and $34,360.20, respectively. Other costly states include Rhode Island, Idaho, Texas, and Utah, where the average cost exceeds $33,000.
Uwe Kleinschmidt, Founder and CEO of AutoTechIQ, commented on the findings: “With demand outstripping supply due to microchip shortages and supply chain disruptions, used cars have steadily risen in price over the past decade, meaning it’s never been more important to find a great second-hand car deal.
“An average used car in America is priced at $30,216.66, with just 20 states citing lower average prices. Of these states, seven each are located in the Northeast and Midwest, while three each are found in the South or Western regions of the country.
“Ford vehicles are the most popular used cars in 33 states, while Chevrolet ranked top in 14 states, including Illinois, New York, and North Carolina.”
Story credit: https://www.autotechiq.com/
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