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Thursday, May 19, 2022

US used car prices… up for the second year

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A study announced by the analysis site iSeeCars revealed that the value of used cars in the United States increased for the second year in a row.

And Motor One claimed that the Ukraine war had a direct impact on the results of the numbers revealed by this study, just as Brexit and the Corona pandemic had the same role in previous years.

The most used cars that witnessed an increase in their value were those used in the American market, according to the last price update of last February 2022 as follows:

The current average price of the Hyundai Sonata on the used market is $24,913,000, an increase of $9,457,000 over its value in 2021, an increase of 61.2%.

Then the Chevrolet Spark model, its current average price within the used market is 16,949 thousand dollars, an increase of 5,980 thousand dollars over its value in the past 2021, an increase of 54.5%.

Then the Nissan LEAF model, its current average price on the used market is 24,393 thousand dollars, an increase of 8,579 thousand dollars over its value in the previous year 2021, an increase of 54.3%.

Then the Mercedes-Benz G-Class model, its current average price on the used market is $215,946, an increase of $73,963 over its value in 2021, an increase of 52.1%.

Then the Kia Forte model, its current average price in the used market is 19,657 thousand dollars, an increase of 6,711 thousand dollars over its value in the last 2021, an increase of 51.8%.

Then the Kia Rio model, its current average price within the used market is 17,772 thousand dollars, an increase of 6,035 thousand dollars over its value in the past 2021, an increase of 51.4%.

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