Which State Has The Cheapest Used Cars

Are you in the market for a used car? If so, you might be wondering which state has the cheapest used cars. After all, buying a pre-owned car can save you a lot of money compared to buying new. But where should you start your search?

Which state has the cheapest used cars? The answer to this question isn't straightforward, as there are many factors that can impact the price of used cars. However, after researching data from various sources, we have compiled a list of states that tend to have lower prices for used cars.

Read more as we'll talk about this topic in today's article.


1. Ohio

Based on a study conducted by iSeeCars, Ohio has the most affordable used cars in the United States. The study examined over 8 million car sales in order to determine which states had the costliest and cheapest used vehicles. The average price for a used automobile in Ohio is $10,500, which is 8.6 percent lower than the national average.

Ohio's low car prices may be due to the state's absence of major urban areas. Unlike California or New York, Ohio lacks a substantial population center that escalates car demand. Having a substantial number of dealerships in Ohio fosters increased competition, leading to lower prices.


2. Indiana

Indiana is another state where used cars are reasonably priced. In line with the iSeeCars study, the average cost of a secondhand car in Indiana is $10,639, which is only slightly more expensive than the average cost in Ohio.

Indiana, like Ohio, has a lower population density, resulting in less demand for cars. Moreover, the presence of prominent car manufacturers within the state of Indiana can assist in maintaining lower prices.


3. Michigan

CarGurus' study has found that Michigan has the second-lowest average price for used auto in the US, which is around $11,098. This might be due to the state's weak economy. It's worth noting that Michigan is also among the states with lower prices for used cars. The decline of the automotive industry in Michigan has led to an increase in the availability of used cars for sale, which may come with lower prices.


4. Wisconsin

Wisconsin is another state with relatively low prices for used cars. According to iSeeCars, the average price of a pre-owned car in Wisconsin is $11,026, which is 6.9% lower than the national average.

Wisconsin's low prices for cars could be due to its rural character compared to Ohio and Indiana, which have major cities that increase car demand. Also, Wisconsin has a higher number of dealerships per person, leading to increased competition and lower prices.


5. Iowa

Finally, Iowa rounds out our list of states with the cheapest used cars. According to a study by Autolist, Iowa has the lowest average price for used cars in the Midwest region, at $11,546.

Similar to the other states mentioned, Iowa has a lower population density resulting in less demand for cars. Additionally, Iowa has a higher number of dealerships per person resulting in increased competition and potentially lower prices.

Please note that the prices mentioned are only estimates, and the actual price of a car can vary greatly depending on various factors such as the car's make and model, its condition, and where it is located. Nonetheless, if you are interested in buying a used auto and hoping to cut costs, these states might be a good starting point for you to begin your search.


What Types Of Pre-Owned Car Models To Consider

If you're searching for used vehicles in Ohio, Indiana, Michigan, Wisconsin, or Iowa, it's crucial to think about which vehicle would be the most suitable for you. If you want a dependable car that's also cost-effective, you might want to consider smaller models like the Honda Civic or Toyota Corolla. These cars are budget-friendly, reliable, and perfect for daily city commutes.

On the other hand, if you need a car that can carry more people, you might want to check out cars like the Ford Explorer or Chevrolet Traverse. These cars have a lot of room inside and enough space for baggage, which makes them perfect for families or individuals who often travel with a group of people.

Finally, if you're in need of a truck, consider the Chevrolet Silverado or Ford F-150. These trucks are well-equipped for towing and hauling heavy loads, making them perfect for work or recreational use.


Final Thoughts

While there is no one definitive answer to which state has the cheapest used cars, there are several states that tend to have lower prices than others. Ohio, Indiana, Michigan, Wisconsin, and Iowa all have relatively low prices for used cars, thanks to factors like low population density, a high number of dealerships, and a struggling economy.

If you're in the market for a used car, consider starting your search in one of these states to potentially save some money.