Our friends at ISeeCars have compiled the details on what the most expensive cars in the Houston areas are. Here is the list they send KTRH:
Houston is ranked #68 out of 202 metro areas for the most expensive cars in the nation, with an average price of $35,005 for 1- to 5-year-old used cars – a 2.3% or $778 difference from the national average price of $34,227, according to the latest study by iSeeCars.
iSeeCars analyzed over 6.5 million used cars to identify the most and least expensive best-selling models. In Houston, TX:
·The least expensive popular used car is the Jeep Grand Cherokee, with an average price of $32,197 which is-5.5% below this vehicle’s national average price.
·The most expensive popular used car is the Tesla Model 3, with an average price of $38,350 which is 1.7% above this vehicle’s national average price.
The best and worst deals on used cars in Houston are shown below:
Most Affordable Popular Cars in Houston (Compared to national average)
Rank
Model
Average Price
% Price Difference from National Average
1
Jeep Grand Cherokee
$32,197
-5.5%
2
Chevrolet Equinox
$21,547
-4.3%
3
Ford Explorer
$33,330
-3.7%
4
Toyota RAV4
$28,010
-3.3%
5
Jeep Wrangler
$34,658
-3.3%
Least Affordable Popular Cars in Houston (Compared to national average)
Model
Average Price
% Price Difference from National Average
Tesla Model 3
$38,350
1.7%
Honda Civic
$24,598
1.1%
Hyundai Tucson
$23,934
0.7%
Hyundai Elantra
$18,875
0.7%
Toyota Camry
$25,550
0.3%
“Research and flexibility are two powerful assets for used car shoppers,” said iSeeCars Executive Analyst Karl Brauer. “Used car buyers in the most expensive markets should look to nearby cities to save money on their next purchase. For instance, while West Palm Beach, Florida, has the highest average used car price, Orlando is one of the cheapest cities and is less than 200 miles away.”
See the study for more info, including:
· The top 10 least expensive cities for used car prices
· The top 10 most expensive cities for used car prices
· Which cities are the most and least affordable locations to buy the nation’s 25 best-selling cars, along with the average prices and savings
photo: Getty Images