The used car to avoid buying right now in every state – FOX 59 Indianapolis

(iSeeCars) – Used car prices have seen record highs over the past 15 months as the result of the global microchip shortage. According to the recent iSeeCars.com analysis of over 1.7 million used car sales in February, used car prices increased 34.1 percent, or $8,668, compared to the same period the previous year.

Some used car prices have increased more than others due to heightened demand and limited inventory. Here are the used cars that have had the highest price increases in each state:

• The Kia Forte subcompact car, which is among the most affordable new cars on the market, has the highest price increase in the most states with 17.
• The vehicle with the highest price increase across all states is the Kia Forte in New Jersey with an 61.0 percent increase.
• Small cars, including compact and subcompact sedans and hatchbacks, account for 31 vehicles on the list.

What Does This Mean for Consumers?

While consumers were previously advised to wait to purchase a used car if they were…

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