This is the average price of a used car in each state – FOX 59 Indianapolis

(iSeeCars) – The average one-to-five-year-old car cost an average of $34,392 in April. While this is down slightly from March when the average used car cost an average of $34,449, used car prices remain elevated from the ongoing microchip shortage.

How much have used car prices risen in recent months? According to iSeeCars.com’s latest analysis of over 1.5 million used car sales in April, used car prices increased 23.9 percent, or $6,631, compared to the same period the previous year.

Average 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:

• Connecticut is the state with the greatest used car price increase in 2022 compared to 2021 at 29.5 percent, which amounts to $7,303.
• Wyoming has the smallest used car price increase at 14.8 percent, which amounts to $5,599.

Average Used Car Prices by State

Some states pay more than others for used cars. Here is a ranking of…

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