New car deal prices have hit record highs due to continued semiconductor shortages affecting supplies, but don’t head to the used car fleet hoping to find a deal.
Prices for used models rose 32.7%, or $ 7,583, in June from a year ago, according to the latest survey from online marketplace iseecars.com.
“While used car prices are expected to remain high for the foreseeable future, we are waiting to see if prices will continue to rise or if they will begin to fall to pre-chip shortage levels,” he said. said Karl Brauer, executive analyst of iSeeCars.
The price increase has continued to climb in recent months. They rose 16.8% in April and 26.4% in May, which looks like good deals compared to June. Relief could be on the way in the coming weeks as the Manheim wholesale price index fell 1.3% in June, but it typically takes around two months for this to be reflected in retail sales.
Coupes, convertibles and vans lead the way with peaks of 41.3%, 40.9% and 38.6%, respectively, while hatchbacks are at the bottom of the list at 26.3%.
Regardless of the model, people with an aftermarket car for sale sit in the driver’s seat, but some will fare much better than others.
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Prices for used Nissan Leaf electrics rose 48.1% in June, topping the list ahead of the Mercedes-Benz G-Class, which averaged $ 158,835 or $ 50,271 more than a year ago last. The Chevrolet Camaro, which is currently struggling to find customers as a new car, finished third, with a 45.1% premium.
Here are the 10 vehicles with the biggest price increases:
Nissan LEAF – 48.1%
Mercedes-Benz G-Class – 46.3%
Chevrolet Camaro – 45.1%
Lincoln Navigator L – 44.2%
Ram Pickup 1500 – 42,6%
Lincoln Navigator – 42.4%
Audi A5 44 376 $ – 41.8%
GMC Sierra 1500 – 41,3 %
Ford Mustang – 41,3%
Chevrolet Spark – 40,6%