Used Cars Are More Expensive in South Dakota

There used to be a time when you could find a dependable used car for a small fraction of the cost of buying new.

Those days appear to be slipping away.

According to a new report from iSeeCars.com, demand is outpacing supply which is driving the prices of pre-owned vehicles to record highs in the United States, with an average price of $24,710.

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But just how much you'll pay sometimes depends on where you live.

In South Dakota, the numbers show that we're paying about two percent above the national average ($25,156), which is the 16th highest amount in America.

Nationally, used car buyers in three states - Alaska, Wyoming, and Montana - are paying more than ten percent above the national average:

MOST EXPENSIVE USED CARS IN AMERICA (iSeeCars)

1. Alaska: $29,656 (+20%)
2. Wyoming: $29,419 (+19.1%)
3. Montana: $27,303 (+10.5%)
4. Arkansas: $27,123 (+9.8%)
5. Idaho: $26,662 (+7.9%)
6. Texas: $26,620 (+7.7%)
7. New Mexico: $26,261 (+6.3%)
8. Mississippi: $25,788 (+4.4%)
9. New York: $25,693 (+4.0%)
10. California: $25,555 (+3.4%)

Two states - Indiana and Ohio - are at least ten percent below the national average.

And while South Dakota is among the 16 most expensive states to buy a used car, two of our neighboring states - Iowa and Minnesota - are among the ten cheapest.

LEAST EXPENSIVE USED CARS IN AMERICA (iSeeCars)

1. Indiana: $21,961 (-11.1%)
2. Ohio: $22,244 (-10%)
3. Connecticut: $22,528 (-8.8%)
4. Virginia: $22,618 (-8.5%)
5. Kentucky: $22,995 (-6.9%)
6. Iowa: $23,062 (-6.7%)
7. Minnesota: $23,120 (-6.4%)
8. Hawaii: $23,290 -5.7%
9. Michigan: $23,348 (-5.5%)
10. Delaware: $23,469 (-5%)

Recent sales figures of pre-owned vehicles show that SUVs are the number one choice in 42 of the 50 states, including South Dakota, where SUVs made up nearly 44 percent of sales. Cars 20.7%

Trucks accounted for 30.2% of pre-owned vehicle sales in South Dakota, with cars at 20.7%, and minivans at 3.4%.