10 Used Car Models That Are More Expensive Than the New Versions

Brandon Woyshnis / Getty Images
Brandon Woyshnis / Getty Images

Buying a used car has traditionally been much more affordable than buying a new car, but in the current auto market, several used cars are now selling for more than the suggested sticker price for the new version of the model.

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"The problem is there aren't enough new vehicles being produced, and that's been true since the outbreak of COVID-19," said Henry Hoenig, data journalist at Jerry, an AI-powered car insurance comparison service. "That shortage of new cars has caused many people to look for lightly used ones instead, driving up prices for those vehicles. Our latest findings show that lightly used 2021 models of seven of the 10 best-selling cars are worth more than the sticker price of a new 2022 model."

This is true for three electric vehicle models as well.

Here's a look at the popular car models identified by Jerry with 2021 used car prices coming in higher than the MSRP of the new models.

Ford
Ford

Ford F-150

  • Average used car price (2021 model year): $31,627

  • MSRP for new (2022 model year): $31,520

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MikeDitz / Nissan
MikeDitz / Nissan

Nissan Rogue

  • Average used car price (2021 model year): $30,289

  • MSRP for new (2022 model year): $27,150

Toyota
Toyota

Toyota Camry

  • Average used car price (2021 model year): $28,998

  • MSRP for new (2022 model year): $25,845

Shutterstock
Shutterstock

Honda CR-V

  • Average used car price (2021 model year): $30,642

  • MSRP for new (2022 model year): $26,800

Honda
Honda

Honda Civic

  • Average used car price (2021 model year): $26,776

  • MSRP for new (2022 model year): $22,550

Toyota
Toyota

Toyota Highlander

  • Average used car price (2021 model year): $37,924

  • MSRP for new (2022 model year): $35,855

Toyota
Toyota

Toyota RAV4

  • Average used car price (2021 model year): $32,891

  • MSRP for new (2022 model year): $26,975

Volkswagen
Volkswagen

Volkswagen ID.4

  • Average used car price (2021 model year): $43,837

  • MSRP for new (2022 model year): $37,495

Ford
Ford

Ford Mustang Mach-E

  • Average used car price (2021 model year): $49,131

  • MSRP for new (2022 model year): $43,895

Brandon Woyshnis / Getty Images
Brandon Woyshnis / Getty Images

Tesla Model 3

  • Average used car price (2021 model year): $52,168

  • MSRP for new (2022 model year): $46,990

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All data is sourced from Jerry and is accurate as of August 2022.

This article originally appeared on GOBankingRates.com: 10 Used Car Models That Are More Expensive Than the New Versions