How much have used car prices gone up in your state? – WANE

(iSeeCars) – Used car prices rose slightly in November as the microchip shortage continues to impact the market.

How much have used car prices risen in recent months? According to iSeeCars.com’s latest analysis of over 1.9 million used car sales in November, used car prices increased 27.9 percent, or $6,939, compared to the same period the previous year. This comes after a 24.9 percent increase in October.

Used Car Price Increases by State

Are used car price increases consistent across the country? Here are the average used car price increases by state in ascending order:

iSeeCars’ used car pricing analysis shows that consumers may be more likely to find a deal in some states than others.

• Hawaii is the state with the greatest used car price increase in 2021 compared to 2020 at 40.8 percent, which amounts to $9,261.
• Wyoming has the smallest used car price increase at 22.8 percent, which amounts to $7,424.
• Of the top 6 states with the lowest price increases, four are in the Rocky…

Read Full Story: https://www.wane.com/news/how-much-have-used-car-prices-gone-up-in-your-state/

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