15 Car Models That Cost More Used Than New: Toyota, Tesla, Ford

Get the Insider app

A personalized feed, digest mode, and ad-free experience.

Download the app

close icon Two crossed lines that form an ‘X’. It indicates a way to close an interaction or dismiss a notification.

  • 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

2020 Hyundai Accent.

The 2020 Hyundai Accent.

hyundai


  • Average new price: $17,930
  • Average used price: $19,940
  • Difference: 11.2%, $2,010

14. Toyota Siena

Toyota Sienna 2021.

The 2021 Toyota Sienna.

Toyota


  • Average new price: $45,187
  • Average price used: $50,261
  • Difference: 11.2%, $5,074

13.GMC Yukon

2020 GMC Yukon Denali

2020 GMC Yukon Denali.


GMC



  • Average new price: $72,998
  • Average used price: $81,256
  • Difference: 11.3%, $8,258

12. Subaru Crosstrek

An orange 2020 Subaru Crosstrek Premium beside gray hills.

Subaru Crosstrek Premium 2020.

Subaru


  • Average new price: $30,221
  • Average price used: $33,744
  • Difference: 11.7%, $3,524

11. Kia Rio

A blue 2020 Kia Rio subcompact sedan on a road.

Kia Rio 2020.

KIA


  • Average new price: $17,881
  • Average used price: $19,971
  • Difference: 11.7%, $2,090

10.Kia Telluride

2020 Kia Telluride_33

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

2021 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.

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.

The 2021 Chevrolet Suburban.

Chevy


  • Average new price: $70,454
  • Average used price: $79,560
  • Difference: 12.9%, $9,106

6.Toyota RAV4 Hybrid

2021 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

Chevrolet Trailblazer 2021.

The 2021 Chevy Trailblazer.

Chevy


  • Average new price: $27,360
  • Average price used: $31,630
  • Difference: 15.6%, $4,270

4. Ford Bronco Sport

Bronco Sport_Snow

Ford Bronco Sports.

Ford


  • Average new price: $35,184
  • Average used price: $40,950
  • Difference: 16.4%, $5,766

3. Tesla Model 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

2020 Chevrolet Corvette_KL_24

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

2021 Mercedes-Benz G63 AMG G-Class SUV.

The 2021 Mercedes-Benz G63 AMG.

Mercedes-Benz


  • Average new price: $175,916
  • Average price used: $238,621
  • Difference: 35.6%, $62,705

Comments are closed.