Used car prices have started to come down a bit in Minnesota, but there are still some vehicles with a used price that is still more expensive than the vehicle’s new price.
A year ago, used car prices soared both here in Minnesota and across the country, due to supply issues that limited the supply of new vehicles. This scarcity then caused most USED cars to sell for more than their NEW versions, which usually NEVER happens.
Fortunately, many of these supply chain issues have resolved themselves, and the cost of used cars is starting to come down, and now they’re closer to what we’re used to seeing. A new iSeeCars survey said lightly used cars in Minnesota are priced 8.1 percent, or $3,701, below their new counterparts.
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That’s a 16.6 percent change from a year ago, when used cars were 8.5 percent (or $3,574) above the price of equivalent new cars. Overall, the lightly used car is -5.7 percent (or $2,627) below the price of its new version here in the Gopher State, iSeeCars noted.
However, iSeeCars.com says that right now, however, there are still several vehicles that are actually worth more USED than NEW here in the Land of 10,000 Lakes. iSeeCars.com says the following models here at Bold North are worth just over 2 percent to just under 30 percent more USED than they were new.
Keep scrolling to see which vehicles made the list. And keep scrolling to check out which classic cars made their showroom debut the year you were born, too.
1) Dodge Charger
2) Toyota RAV4 hybrid
3) Kia Telluride
4) Toyota Sienna
5) Toyota Corolla
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