2023-12-02 12:15:07
While the average used car price is 3.6 percent lower than last year, used car prices are still higher than pre-pandemic levels.
Meanwhile, new car prices have increased by 7.4 percent compared to last year.
A decline in used car prices has led to increased demand for used cars, which are selling 6.1 percent faster than last year according to a recent analysis by the site iSeeCars.
In contrast, rising new car prices have led to a decline in demand for new cars, which sell 25.7 percent slower over the same period.
Analyzing more than 228,000 cars sold in July 2023, the site iSeeCars found that the average used car takes 49.2 days to sell, while the average new car takes 48.2 days.
Best-selling used cars by state:
| The best-selling used cars in each state | ||
| state | Vehicle | Average days to sell |
| Alabama | GMC Yukon | 27.1 |
| Alaska | – | – |
| Arizona | Chevrolet Corvette | 18.2 |
| Arkansas | Honda Odyssey | 18.4 |
| California | Be Niro | 23.1 |
| Colorado | Nissan Murano | 19.9 |
| Connecticut | Acura RDX | 21.2 |
| Delaware | Lexus IS 350 | 25.5 |
| Florida | Volkswagen Golf GTI | 19.1 |
| Georgia | Honda Ridgeline | 24.3 |
| Hawaii | Honda Civic | 35.7 |
| Idaho | Chevrolet Colorado | 33.7 |
| Illinois | Audi Q3 | 17.1 |
| Indiana | Ford Bronco | 18.9 |
| Iowa | Nissan Rogue | 36.3 |
| Kansas | Nissan Rogue | 39.9 |
| Kentucky | Acura MDX | 31.7 |
| Louisiana | Honda HR-V | 28.7 |
| Maine | Subaru Crosstrek | 38.1 |
| Maryland | Mercedes-Benz GLE | 25.2 |
| Massachusetts | Lincoln Corsair | 27.7 |
| Michigan | Ford Bronco | 26.8 |
| Minnesota | Toyota Sienna | 18.1 |
| Mississippi | Toyota Corolla | 25.7 |
| Missouri | Subaru Crosstrek | 21.4 |
| Montana | Ford Expedition Max | 25.3 |
| Nebraska | Honda CR-V | 44.2 |
| Nevada | Kia Sorento | 20.2 |
| New Hampshire | Subaru Forester | 29.9 |
| New Jersey | Toyota 4Runner | 24.3 |
| New Mexico | Nissan Rogue | 25.6 |
| New York | Ford Bronco | 14.2 |
| North Carolina | GMC Yukon XL | 20.4 |
| North Dakota | Ford Explorer | 35.3 |
| Ohio | Kia Seltos | 26.8 |
| Oklahoma | Nissan Frontier | 20.5 |
| Oregon | GMC Sierra 1500 | 28.0 |
| Pennsylvania | Lincoln Aviator | 27.4 |
| Rhode Island | Honda CR-V | 23.2 |
| South Carolina | Chevrolet Tahoe | 23.5 |
| South Dakota | Jeep Grand Cherokee | 46.6 |
| Tennessee | GMC Yukon | 27.5 |
| Texas | Hyundai Venue | 25.8 |
| Utah | Honda CR-V | 26.2 |
| Vermont | Toyota RAV4 | 20.5 |
| Virginia | Chevrolet Suburban | 20.9 |
| Washington | Honda HR-V | 24.1 |
| West Virginia | Hyundai Elantra | 33.7 |
| Wisconsin | Subaru Forester | 23.4 |
| Wyoming | RAM 1500 | 33.6 |
The Ford Bronco, Nissan Rogue and Honda CR-V are tied for the best-selling used cars in most states, with three.
SUVs are the fastest-selling type of vehicle in 36 states.
The best-selling new vehicle in all states is the Ford Bronco in New York at 14.2 days.
Best-selling new cars by state:
These were the fastest-selling new cars in each state:
The Honda Civic, Hyundai Santa Fe, Hyundai Santa Cruz and Subaru Forester are tied for the best-selling new car in most states, with three.
SUVs are the fastest-selling type of vehicle in 31 states.
The best-selling new vehicle in all states is the Subaru Crosstrek in Ohio at 4.5 days.
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