SALT LAKE CITY (ABC4) – Although the cost of used cars has been slowly declining, a new study conducted by iSeeCars.com has found that many lightly-used cars are still more expensive than their new versions in Salt Lake City. 

According to the research, in Salt Lake City, used car prices increased by 12.5% or $4,562 in April compared to last year. 

Below you can find a list of the top five used cars that are more expensive than their new versions in Salt Lake City:

  1. Chevrolet Suburban, 18.0% more than new or $12,458 more than new
  2. Chevrolet Tahoe, 12.1% more than new or $8,195 more than new
  3. GMC Yukon, 10.8% more than new or $8,049 more than new
  4. Ford Bronco Sport, 10.1% more than new or $3,640 more than new 
  5. Toyota RAV4, 9.5% more than new or $3,226 more than new

Throughout the nation, the study found that the average lightly-used (roughly one to five-years-old) car is 1.0% less expensive than its new version. Additionally, Mercedes-Benz G-Class as a used vehicle is the most expensive over its new version, while Nissan takes the cake as the most represented automaker for lightly-used cars that provide the greatest savings over their new versions. 

Below you can find a list of the top five used cars that are more expensive than their new versions in America:

  1. Mercedes-Benz G-Class, 21.5% more than new or $40,958 more than new
  2. Chevrolet Corvette, 16.4% more than new or $13,594 more than new
  3. Chevrolet Trailblazer, 14.4% more than new or $3,856 more than new
  4. Toyota RAV4 Hybrid, 13.5% more than new or $5,002 more than new
  5. Porsche Taycan, 11.2% more than new or $14,009 more than new