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Some of the most popular Used Cars, Including the Toyota RAV4 and Honda CR-V, are now worth up to $6,000 more than if they were brand new | Yahoo! News | Insider

By Tim Levin, Mon, September 12, 2022 at 10:04 AM·2 min read

  • Used car prices are still abnormally high as inflation impacts nearly every realm of American life.
  • Some of the most popular vehicles in the US cost more to buy lightly used than their brand-new prices.
  • A lightly used Toyota RAV4, Honda CR-V, or Nissan Rogue costs thousands more than those models’ 2022 retail price, according to a new study.

Between astronomical prices and few vehicles to choose from on dealer lots, the last year or so has been perhaps the worst time to buy a car in history.

And don’t think settling for a secondhand vehicle will insulate you from the challenging landscape and eye-watering costs. In “normal times,” buying used was the thrifty option; now some used models are selling for thousands above the suggested retail price for their brand-new counterparts, according to an August study from the car insurance savings app Jerry.