15 Used Vehicles That Value Extra Than New

Again within the outdated days —say, 2019—shopping for a used automobile might prevent some huge cash. The standard knowledge was that new automobiles misplaced 1000’s in worth as quickly as they’re pushed off the lot, saving used automobile consumers as a lot as 20% to 30% within the first yr.

However with pandemic-related semiconductor chip shortages resulting in low stock of automobiles and ensuing greater costs, issues have modified in bizarre, and costly, methods.

The common transaction value of a brand new automobile is greater than $47,000, in keeping with Kelley Blue Guide; that’s about 30% greater than 2019. Common used automobile transaction costs have climbed from round $20,000 in 2019 to about $27,000 this yr.