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A recent report from automotive website iSeeCars shows that the pandemic-affected used car market (high prices) in recent years is slowly returning to normal. But it still isn’t. And a handful of new used cars are still more expensive than their new counterparts.
website Checked price It covers approximately 9 million new and light pre-owned vehicles scheduled to go on sale in February and March 2023. We looked at 2022 and 2023 model year new cars and 2021 and 2022 model year light use cars.
A year ago, iSeeCars found that the average price of a low-use car was 8.5% ($3,574). is more than Average new car price. It seemed crazy, but there it was.
The average light used car price is now 8.1% ($3,701) in 2023. the following Than iSeeCars finds newer versions (no more). This is a 16.6 point shift from last year. It’s definitely an improvement, but who knows how long it will last. Used car prices fell Late 2022, but now is rising again.
Keep reading to see which used cars iSeeCars has identified as having the biggest premium over the 2023 version. You end up with a used car with the largest price difference.
10th place Honda Civic (hatchback)
Average asking price for infrequently used models: $29,683 — This is $297 (1%) more than the average asking price for a new model
The Civic has been completely redesigned for 2022 with a “complete makeover inside and out”, introducing the 11th generation of the popular hatchback. edmonds says.
To buy a rarely used Honda Civic hatchback, you may have to pay nearly $300 more than you would for a new one. However, Edmonds tells buyers that the 2022 Civic hatchback “provides great value for the price given the many standard features.”
9. Ford Bronco
Average asking price for infrequently used models: $55,372 — This is $901 (1.7%) more than the average asking price for the new model.
In the 2022 review of that year’s Ford Bronco, HotCars calls it “One of the best SUVs on the market.”
Ford has given the 2022 Bronco two transmission options (7-speed manual and 10-speed automatic) and three engine choices. In addition to the base model’s turbocharged 2.3-liter EcoBoost in-line four engine, Ford offered a 2.7-liter EcoBoost and a 3.0-liter EcoBoost for buyers who wanted more power.
8. Kia Carnival
Average asking price for infrequently used models: $42,025 — This is $916 (2.2%) more than the average asking price for the new model.
The first few months of 2023 have been tough for Kia Carnival.
March, Kia warned owners Of the estimated 3,555 Kia Carnivals, including 2022 and 2023 models, must be parked outdoors due to possible tow hitch defects that increase vehicle fire hazards. It was part of a larger recall that also affected 567,912 Hyundai vehicles.
And in April, Kia Motors recalled the power sliding doors of about 51,500 Carnival minivans in 2022-23 after at least nine reports of injuries. Sliding door auto-reverse function “does not work in all situations” Kelly Bluebook explains.
7. Toyota RAV4 Hybrid
Average asking price for infrequently used models: $40,045 — This is $953 (2.4%) more than the average asking price for a new model
Why is last year’s Toyota RAV4 Hybrid nearly $1,000 more expensive than the brand new 2023 version?
Perhaps one clue: The recently named Kelly Blue Book Last year’s Toyota RAV4 came “far and away” as the best-selling SUV of 2022. KBB raves about being reliable, comfortable, spacious, practical and great value.
That endorsement could help strengthen the market value of this highly valuable, infrequently used vehicle.
6. Toyota Corolla Cross
Average asking price for infrequently used models: $30,636 — $853 (2.9%) more than the average asking price for a new model
i love cars and drivers The 2022 Toyota Corolla Cross has been dubbed “cute pug styling.”
However, it called the car “jerky acceleration”, called its engine “unrefined”, and said the car lacked a more premium look than others in its class.
5. Toyota RAV4 Prime
Average asking price for infrequently used models: $51,298 — This is $1,726 (3.5%) more than the average asking price for a new model
Toyota’s 2021 compact five-seater RAV4 Prime is “incredibly” fuel-efficient thanks to electric plug-in technology, allowing drivers to drive around 600 miles between refuelings. According to Forbes.
It’s also fast, safe, has strong towing capacity and a well-designed cargo area, adds Forbes.
4. Toyota Sienna
Average asking price for infrequently used models: $50,978 — $1,806 (3.7%) more than the average asking price for a new model
Apple CarPlay and Android Auto will come standard on the 2022 Toyota Sienna, Toyota says. car brochure.
The second row captain seats, hands-free power side doors, lift gates that open and close with a kick, etc. have been made with attention to detail. A rear-seat entertainment center and seven of his USB ports make life a little easier inside.
3. Mercedes-Benz G-Class
Average asking price for infrequently used models: $196,228 — $8,633 (4.6%) more than the average asking price for a new model
In some places in America you can buy a house for considerably less than this used car.
The G-Class Mercedes is reminiscent of a utilitarian off-road SUV. But it’s probably a safe bet that few people have left suburban roads and highways.
So what’s so special here?For one thing, all the luxuries, including two big screens and “lots of gadgets” Mention HotCars in review 2022 edition.
HotCars points out that the beefy V8 engine gives some drivers the twisted pleasure of snorting environmentalists.
“This is an absolute monster and makes you feel like a gangster when driving,” the review adds.
2. Toyota Corolla Hybrid
Average asking price for infrequently used models: $27,809 — This is $2,038 (7.9%) higher than the average asking price of the new model
Looking back at the Corolla Hybrid when new in 2021, US News acclaimed Note its gas mileage (53 mpg in city, 52 mpg on the highway) and a nice long list of features as standard.
The trunk is too small and the car “struggles” to reach highway speeds.
1. Ford Maverick
Average asking price for infrequently used models: $36,777. That’s $4,038 (12.3%) more than the average asking price for the new model.
If you’re looking for a used Maverick, get out your wallet and be prepared to pay the biggest premium for a used car (compared to buying a 2023 edition new).
But maybe it’s not all bad. Ford’s Maverick is loved by many drivers in the overwhelming position of small pickup trucks, MotorBiscuit comparison says MotorBiscuit concludes that the 2022 Maverick is slightly better when comparing the 2022 and 2023 versions.