Home Automotive These used cars routinely sell for more than their new MSRPs

These used cars routinely sell for more than their new MSRPs

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The world of cars is and always is upside down. In the old days, the value of new cars fell. There is no doubt that the value of a vehicle decreases after a few years of ownership and use, but that is not always the case. iSee CarsRecent research shows some used models are priced over it Their new suggested retail price could mean many things, including that the used car market is still crazy.

The good news is that things are much better than they were a year ago. iSee Cars Infrequently used vehicles cost an average of 8.1% below new suggested retail prices, an improvement of 16.6% compared to 2022. Some pre-owned models sell for more than new, with the best-selling models fetching more than 10% more than new. .

Here are the 10 most expensive used cars in the iSeeCars survey:

Some of the vehicles on this list aren’t all that amazing. Ford these days If he’s ever bought a Maverick, chances are he understands how hard it is to find at suggested retail prices when new, so high used prices can be annoying, but rightly so. That’s what I mean. There are also several hybrid cars on the list, indicating that buyers want fuel-efficient cars but are having trouble getting them.

Interestingly, pre-owned Ford Broncos are regularly listed for well above the new MSRP, but on average only 1.7% more than the new price. The Mercedes-Benz G-Class usually sells for more than the suggested retail price new, and some prospective buyers were asked to pay more than his 50% for the stickers, especially for his AMG models. reporting.

If you’re looking for a used car and getting a fair price is hard to come by, waiting is your best bet. Used car prices have been trending downwards over the last year, and while there are some good deals right now, there could be more in the future.

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