15 Car Models That Cost More Used Than New: Toyota, Tesla, Ford
- Used car prices have been rising for months amid a shortage of new vehicles.
- Some used cars are now worth thousands of dollars more than their new, hard-to-find counterparts.
- The models that cost more are the Toyota Tacoma, the Tesla Model 3 and the Ford Bronco Sport.
You’re probably sick of hearing how expensive cars have become. Heck, we might be a little tired of writing about this.
But today’s absurd car market persists regardless of your feelings or our feelings about it. And a continuing shortage of automotive-grade computer chips means the limited supply of new cars – and therefore inflated prices – will be with us for some time.
The shortage of new cars has had interesting impacts (alternatively: cuckoo bananas) on the cost of used vehicles. Namely: some popular models are so rare that people pay more for a lightly used vehicle than for a brand new one. Rather than suffer the long wait for a new car, some buyers pay a premium for a slightly older car with some mileage they may have right now.
The Automotive Research Site iSeeCars analyzed 1.5 million new and used car sales in January to identify 15 models that are now worth slightly more used than new. In total, lightly used vehicles demanded 1.3% more than their new counterparts. iSeeCars has defined “lightly used” as used vehicles from model years 2020 or 2021.
The list includes fashionable SUVs, but also compact economy cars, indicating that even the most budget-conscious consumers are forced to pay. Check out the full list below:
15. Accent Hyundai
The 2020 Hyundai Accent.
hyundai
- Average new price: $17,930
- Average used price: $19,940
- Difference: 11.2%, $2,010
14. Toyota Siena
The 2021 Toyota Sienna.
Toyota
- Average new price: $45,187
- Average price used: $50,261
- Difference: 11.2%, $5,074
13.GMC Yukon
GMC
- Average new price: $72,998
- Average used price: $81,256
- Difference: 11.3%, $8,258
12. Subaru Crosstrek
Subaru Crosstrek Premium 2020.
Subaru
- Average new price: $30,221
- Average price used: $33,744
- Difference: 11.7%, $3,524
11. Kia Rio
Kia Rio 2020.
KIA
- Average new price: $17,881
- Average used price: $19,971
- Difference: 11.7%, $2,090
10.Kia Telluride
Kia Telluride 2020.
Kristen Lee/Business Insider
- Average new price: $45,924
- Average price used: $51,476
- Difference: 12.1%, $5,552
9.Toyota C-HR
The 2021 Toyota C-HR.
Toyota
- Average new price: $26,510
- Average used price: $29,740
- Difference: 12.2%, $3,230
8.Toyota Tacoma
The 2020 Toyota Tacoma.
Toyota
- Average new price: $37,023
- Average price used: $41,553
- Difference: 12.2%, $4,530
7.Chevrolet Suburban
The 2021 Chevrolet Suburban.
Chevy
- Average new price: $70,454
- Average used price: $79,560
- Difference: 12.9%, $9,106
6.Toyota RAV4 Hybrid
The 2021 Toyota RAV4 Hybrid.
Toyota
- Average new price: $35,784
- Average price used: $41,082
- Difference: 14.8%, $5,298
5. Chevy Pioneer
The 2021 Chevy Trailblazer.
Chevy
- Average new price: $27,360
- Average price used: $31,630
- Difference: 15.6%, $4,270
4. Ford Bronco Sport
Ford Bronco Sports.
Ford
- Average new price: $35,184
- Average used price: $40,950
- Difference: 16.4%, $5,766
3. Tesla Model 3
The Tesla Model 3.
You’re here
- Average new price: $46,614
- Average price used: $54,914
- Difference: 17.8%, $8,300
2.Chevrolet Corvette
Chevrolet Corvette 2020.
Kristen Lee/Business Insider
- Average new price: $82,457
- Average used price: $99,102
- Difference: 20.2%, $16,645
1. Mercedes-Benz G-Class
The 2021 Mercedes-Benz G63 AMG.
Mercedes-Benz
- Average new price: $175,916
- Average price used: $238,621
- Difference: 35.6%, $62,705
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