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Joined: Jan 2010
Posts: 23,546 Likes: 1
Campfire Ranger
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OP
Campfire Ranger
Joined: Jan 2010
Posts: 23,546 Likes: 1 |
iSeeCars.com's analysis of some 470,000 2019- and 2020-model-year cars listed for sale in June found that the gap between used- and new-car prices had shrunk considerably in recent months. In early November, the average lightly used car cost nearly 11% less than its new counterpart. In June, that gap was just over 3%.
Some especially popular models — ones that are hard to find new right now — cost thousands more on the secondhand market. See the list of 16 vehicles below.
1. Kia Telluride
Average price new: $44,166
Average price used: $47,730
Difference: $3,564, 8.1%
2. GMC Sierra 1500
Average price new: $54,205
Average price used: $57,671
Difference: $3,466, 6.4%
3. Toyota Tacoma
Average price new: $37,902
Average price used: $39,857
Difference: $1,955, 5.2%
Read more: The rising stars of self-driving vehicles, from companies like Waymo, Aurora, and Cruise
4. Mercedes-Benz G-Class
Average price new: $182,631
Average price used: $190,078
Difference: $7,447, 4.1%
5. Toyota RAV4 Hybrid
Average price new: $34,995
Average price used: $36,352
Difference: $1,357, 3.9%
6. Toyota Tundra
Average price new: $49,643
Average price used: $51,474
Difference: $1,831, 3.7%
7. Dodge Challenger
Average price new: $39,375
Average price used: $40,764
Difference: $1,388, 3.5%
8. Toyota 4Runner
Average price new: $45,382
Average price used: $46,867
Difference: $1,485, 3.3%
9. Hyundai Palisade
Average price new: $44,063
Average price used: $45,356
Difference: $1,293, 2.9%
10. Tesla Model 3
Average price new: $44,409
Average price used: $45,677
Difference: $1,268, 2.9%
11. Honda Civic
Average price new: $26,331
Average price used: $27,058
Difference: $727, 2.8%
12. Dodge Charger
Average price new: $38,977
Average price used: $39,874
Difference: $897, 2.3%
13. Honda Odyssey
Average price new: $37,612
Average price used: $38,048
Difference: $435, 1.2%
14. Kia Rio
Average price new: $17,346
Average price used: $17,472
Difference: $127, 0.7%
15. Subaru Crosstrek
Average price new: $29,474
Average price used: $29,642
Difference: $168, 0.6%
16. Subaru WRX
Average price new: $34,487
Average price used: $34,568
Difference: $81, 0.2%
have you paid your dues, can you moan the blues, can you bend them guitar strings
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Joined: Aug 2003
Posts: 39,139 Likes: 24
Campfire 'Bwana
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Campfire 'Bwana
Joined: Aug 2003
Posts: 39,139 Likes: 24 |
Little brother bought a brand new Silverado Trail Boss edition just before Covid hit. Had 20k miles on it - they have him 10k more than he paid for it. Bought it outright. Not traded in.
Took the money to a different dealer and bought a Jeep.
Me
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Joined: Aug 2004
Posts: 69,665 Likes: 15
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,665 Likes: 15 |
Was getting an inspection done the other day at my dealer, and the general manager asked if I was interested in selling my F350 dually 4x4... Out of curiousity, I asked what it was worth? He offered more than I paid for it in 2017...  Told him I'd better not, as I needed it.
Molɔ̀ːn Labé Skýla!
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Joined: Oct 2011
Posts: 174
Campfire Member
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Campfire Member
Joined: Oct 2011
Posts: 174 |
My son bought a 2012 Regular cab Cummins with a 6 speed manual and 37K miles last year for about 30K,private party sale. He's been offered 40K numerous times for it but couldn't replace it. Our neighbor paid 55,000 for a 2017 Cummins Dually new, and the trade in is more than that now. Hard time to be buying a truck.
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Joined: Aug 2003
Posts: 13,945
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2003
Posts: 13,945 |
2018 AWD Jeep Renegade Latitude, bought in early 2020 with 18k miles on it for $16,000. Less than 20k miles on it now. Last week was told current trade-in value is 21,000 - $22,000 range.
Several large local dealerships have been taking out full page ads in area newspapers devoted exclusively to wanting to buy used vehicles.
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Joined: Jan 2010
Posts: 23,546 Likes: 1
Campfire Ranger
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OP
Campfire Ranger
Joined: Jan 2010
Posts: 23,546 Likes: 1 |
saw a video where a guy wrecked his Jeep Gladiator and bent the front axle. The insurance company totaled the car because they couldn't get parts for it.
My wife loves her low mileage 2014 car, but if I could get what I paid for it , I'd sell that in a heart beat. Let her drive my car for a couple of years until this market straightens back out.
Last edited by KFWA; 07/08/21.
have you paid your dues, can you moan the blues, can you bend them guitar strings
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Joined: Jan 2020
Posts: 5,172
Campfire Tracker
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Campfire Tracker
Joined: Jan 2020
Posts: 5,172 |
The price of a new Toyota Camry has increased almost 50% in 4 years. And there's no dealing with those azz holes.
Life is good live it while you can.
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Joined: Apr 2010
Posts: 20,683
Campfire Ranger
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Campfire Ranger
Joined: Apr 2010
Posts: 20,683 |
My daily driver has been a ‘99 Tacoma since circa 2000 when my ‘87 Taco got t boned
I jokingly refer to it as the pride of the fleet. Though truth be told I prefer it over my wife’s ‘15 Taco.
Youngest son bought a ‘99 Taco, same color as mine btw, recently for 16K 🤦🏼♂️ Wtf says I, that much for a ‘99 ?
But it’s tricked out for serious off roading, body sharp & appears to be well maintained other than a cv boot & perhaps cv axle needing replaced.
So imo he’s got a better truck & spent a lil under half for a new one. His brother in law the mechanic loves it
Musta got his smarts from his mom. Plus his is a six banger mine just a four, it is nice the extra power.
His buddy got a ‘73 Ford F-250. Can’t blame either one of them. Old school rules
I'm pretty certain when we sing our anthem and mention the land of the free, the original intent didn't mean cell phones, food stamps and birth control.
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Joined: Aug 2003
Posts: 39,139 Likes: 24
Campfire 'Bwana
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Campfire 'Bwana
Joined: Aug 2003
Posts: 39,139 Likes: 24 |
saw a video where a guy wrecked his Jeep Gladiator and bent the front axle. The insurance company totaled the car because they couldn't get parts for it.
My wife loves her low mileage 2014 car, but if I could get what I paid for it , I'd sell that in a heart beat. Let her drive my car for a couple of years until this market straightens back out. Buy the Gladiator back and call Currie or Dynatrac - have a better vehicle in the end.
Me
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Joined: Apr 2005
Posts: 13,764 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Apr 2005
Posts: 13,764 Likes: 1 |
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Joined: Aug 2004
Posts: 69,665 Likes: 15
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,665 Likes: 15 |
ATV's/UTV's are crazy prices now too.
I have a really nice Honda Rancher ATV that is now worth twice what it was a year ago. Probably more than twice.
Molɔ̀ːn Labé Skýla!
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Joined: Jan 2010
Posts: 23,546 Likes: 1
Campfire Ranger
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OP
Campfire Ranger
Joined: Jan 2010
Posts: 23,546 Likes: 1 |
saw a video where a guy wrecked his Jeep Gladiator and bent the front axle. The insurance company totaled the car because they couldn't get parts for it.
My wife loves her low mileage 2014 car, but if I could get what I paid for it , I'd sell that in a heart beat. Let her drive my car for a couple of years until this market straightens back out. Buy the Gladiator back and call Currie or Dynatrac - have a better vehicle in the end. I was thinking take whatever the insurance company gives you to let you keep it and then wait for parts to become available at least
have you paid your dues, can you moan the blues, can you bend them guitar strings
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Joined: Jul 2018
Posts: 420
Campfire Member
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Campfire Member
Joined: Jul 2018
Posts: 420 |
Traded in a 3 year old Tacoma, dealer gave me 40K for it. Window sticker still in the glove box MSRP $38k. The weird thing is, there are still new Tacomas on the lot here, not sure why anyone would rather have a used one.
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Joined: Aug 2003
Posts: 39,139 Likes: 24
Campfire 'Bwana
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Campfire 'Bwana
Joined: Aug 2003
Posts: 39,139 Likes: 24 |
saw a video where a guy wrecked his Jeep Gladiator and bent the front axle. The insurance company totaled the car because they couldn't get parts for it.
My wife loves her low mileage 2014 car, but if I could get what I paid for it , I'd sell that in a heart beat. Let her drive my car for a couple of years until this market straightens back out. Buy the Gladiator back and call Currie or Dynatrac - have a better vehicle in the end. I was thinking take whatever the insurance company gives you to let you keep it and then wait for parts to become available at least I wouldn't replace it with OEM axles. My point.
Me
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Joined: Apr 2004
Posts: 42,827 Likes: 4
Campfire 'Bwana
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Campfire 'Bwana
Joined: Apr 2004
Posts: 42,827 Likes: 4 |
Around here, if the value is more used then new... it will just increase chances of it getting stolen, by some Beavis and Butthead meth heads...
"Minus the killings, Washington has one of the lowest crime rates in the Country" Marion Barry, Mayor of Wash DC
“Owning guns is not a right. If it were a right, it would be in the Constitution.” ~Alexandria Ocasio Cortez
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Joined: Jun 2020
Posts: 10,840
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2020
Posts: 10,840 |
saw a video where a guy wrecked his Jeep Gladiator and bent the front axle. The insurance company totaled the car because they couldn't get parts for it.
My wife loves her low mileage 2014 car, but if I could get what I paid for it , I'd sell that in a heart beat. Let her drive my car for a couple of years until this market straightens back out. Buy the Gladiator back and call Currie or Dynatrac - have a better vehicle in the end. Yeah I’d buy it back too if I liked it Axles can be had
FUGK CCP
It’s time to WAKE UP
GOD BLESS THE USA
WWG1WGA
THERE ARE NO COINCIDENCES
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Joined: Feb 2010
Posts: 3,842
Campfire Tracker
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Campfire Tracker
Joined: Feb 2010
Posts: 3,842 |
Printing $6 trillion and handing it out in bizarre ways is going to have an effect.
Quando omni flunkus moritati
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Joined: Nov 2015
Posts: 5,670 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Nov 2015
Posts: 5,670 Likes: 1 |
Don't worry guys, the way the market is going, people won't be buying new or used!
Last edited by Heym06; 07/08/21.
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Joined: Nov 2015
Posts: 5,670 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Nov 2015
Posts: 5,670 Likes: 1 |
My daily driver has been a ‘99 Tacoma since circa 2000 when my ‘87 Taco got t boned
I jokingly refer to it as the pride of the fleet. Though truth be told I prefer it over my wife’s ‘15 Taco.
Youngest son bought a ‘99 Taco, same color as mine btw, recently for 16K 🤦🏼♂️ Wtf says I, that much for a ‘99 ?
But it’s tricked out for serious off roading, body sharp & appears to be well maintained other than a cv boot & perhaps cv axle needing replaced.
So imo he’s got a better truck & spent a lil under half for a new one. His brother in law the mechanic loves it
Musta got his smarts from his mom. Plus his is a six banger mine just a four, it is nice the extra power.
His buddy got a ‘73 Ford F-250. Can’t blame either one of them. Old school rules Tricked out can mean two things. Highway cruiser or off road trashed. Bad cv boot and axle, means poor maintenance!
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Joined: Sep 2006
Posts: 3,846
Campfire Tracker
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Campfire Tracker
Joined: Sep 2006
Posts: 3,846 |
Was looking to replace my 12 year old Yukon this year, but I guess not, can't find anything I want to replace it, and prices are crazy.
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