Studies show that buying a used car costs less in Midwest states on average. The reason why may be related to vehicle type preference, buying tendencies, or even climate.
option more and more, and they want to keep costs as low as possible. Even so, in some states it’s been shown that drivers pay significantly more than average price for a used vehicle, while in other states, buyers pay much less.
Interestingly, car buyers in Midwestern states seem to pay the least for used cars, on average.
Midwest buying power
What is it about the Midwestern states that makes buying a used car so much cheaper?
nationwide. The second-lowest prices can be found in Ohio, Connecticut, and Virginia..
The most popular vehicle type in Indiana, the SUV, also boasts the lowest selling prices in the nation.
iSeeCars also examined the most popular car by state, and noted the declining popularity of passenger cars, defined in the report as sedans, coupes, convertibles, hatchbacks, and wagons.
On average, more car buyers in Indiana seem to prefer passenger vehicles like sedans. Although, their prices for SUVs and pickup trucks are some of the lowest in the country, too.
MORE: How Long Can You Finance a Used Car?
Climate indicator of used car price?
The study also suggests that car prices may fluctuate based on the climate of each state.
In more temperate zones, drivers prefer passenger vehicles, such as sedans, coupes and hatchbacks, which also tend to come with cheaper price tags.
It’s also possible that in the flatter terrain of the Midwest, drivers don’t have as much of a need for rugged terrain tacklers like pickup trucks and SUVs.
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