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The most purchased used car in the US last year was the Ford F-150, with drivers in 31 of the 50 states choosing the relatively affordable pickup over other options, a new report has revealed.
The results, published this week by online automotive research giant iSeeCars, come in a nutshell. in contrast to last year, when the truck also took the top spot.
In second place was the similarly priced Chevrolet Silverado, in a year in which full-size trucks dominated the used market, which has begun to recover after an awkward year in 2021.
Some of the usual suspects rounded out the top ten, like the tried-and-true Honda Civic and the equally reliable Toyota Corolla.
The data shows there’s no denying America’s love affair with trucks, an obsession that goes back decades and is deeply embedded in rural America.
Data released this week by online automotive research giant iSeeCars illustrates America’s love affair with trucks and breaks down the most-purchased used car models by state.
The most purchased used car in the US last year was the Ford F-150, with drivers in 31 of the 50 states preferring the relatively affordable truck over other options.
The report analyzed nearly 10 million sales and breaks down which model was the most popular in each state. All the models analyzed by the research site were between one and five years old.
With a total share of 3.3 percent in the used car market, the F-150 it was by far the most popular option overall.
The first in Ford’s Super Duty lineup, the car was the preferred choice for virtually all of central America, where farm and labor jobs requiring a flatbed are noticeably more common.
That said, the truck, which costs about $34,500 new from the factory, has also been purchased in various cities along coasts, the data shows, including Washington, Maine and even Alaska.
Next up was the Silverado, a consistent performer since its debut by Ford rival Chevy in 1999, selling more than 10 million cars since 2014.
Second place was the similarly priced Chevrolet Silverado, in a year when full-size pickups dominated the pre-owned market.
In third place was Dodge’s entry into the truck wars, the Ram 1500. Slightly cheaper than the Silverado, it also boasts a more luxurious cabin.
The truck features virtually identical stats to its more popular Ford counterpart, as well as a slightly sleeker exterior. The vehicle accounted for about 2.8 percent of total used car transactions, or just under 300,000 sales.
That number was up slightly from last year, when the versatile truck was also in second place, accounting for 2.6 percent of all total sales, according to data provided by iSeeCars.
The car was most popular in states known for their sprawling rural farmlands, including Iowa, Kentucky, and North Carolina. The Silverado, however, is slightly more expensive than Ford’s entry-level pickup.
Coming in third was Dodge’s entry into the truck wars, the Ram 1500.
With a towing capacity of up to 12,750 pounds, more than 1,000 pounds more than the F150 and Silverado, the truck features a high-quality interior and a smooth, quiet ride.
In fourth place was another popular and affordable option from the Chevy stable, the Equinox, also unchanged from last year.
Next up was the tried-and-true Honda Civic, an affordable and easy-to-customize four-door coupe that has become one of the most popular cars, both new and used, across the country.
It’s also slightly cheaper than the Silverado and has a more luxurious cabin, making it one of the most capable and versatile half-ton trucks on the market.
Data offered Wednesday illustrates this fact, with Ram sales accounting for 2.3 percent of all sales tracked by the Automotive Researcher, or about 230,000 sales.
The number was exactly the same as last year, when the popular truck also took third place.
Fourth was another popular and affordable option from the Chevy stable, also unchanged from last year.
That distinction was earned by the Equinox, a small SUV with a Spacious and thoughtfully designed cabin making it a popular choice for middle-class families.
In sixth place was the Civic’s direct competitor from Japanese manufacturer Toyota, which accounted for 1.9 percent of total sales.
The reliable Rouge, another affordable SUV from Nissan, ranked eighth, while Ford’s flagship SUV, the Escape, ranked ninth.
The car is also super affordable: it’s just $26,600 in stock and often as low as $10,000 lightly used. Equinox purchases, according to recently released data, accounted for 1.8 percent, or 180,000 of all sales.
That was notably down from last year, when the car accounted for 2.2 percent of used car sales, about 220,000 transactions.
The drop, which comes as fuel prices have soared by almost a fifth in the past year, was the biggest seen of any of the top ten.
Next up was the tried and true Honda Civic, an affordable and easily customizable four-door coupe that has become one of the most popular cars, both new and used, across the nation and the world.
With more than 12.3 million in U.S. sales since its debut in 1973, it’s the best-selling small car in America for the past five decades, accounting for about 2 percent of tracked transactions as a used car. by iSeeCars.
The number was up slightly from last year, when used car sales took a sharp drop due to supply constraints.
In sixth place was the Civic’s direct competitor, Japanese manufacturer Toyota, which accounted for 1.9 percent of total sales.
The December figure marked the sixth straight month of decline in annual inflation rates from a June peak of 9.1 percent, and the lowest rate since October 2021.
Toyota’s RAV4 SUV tied with the Camry for sixth place, accounting for 1.7 percent of all transactions. The number was the same registered as in 2021.
The reliable Rouge, another affordable SUV from Nissan, ranked eighth, while Ford’s flagship SUV, the Escape, ranked ninth.
Coming in tenth was the only new entry in the top ten: the Jeep Grand Cherokee, which accounted for 1.5 percent of US used car sales last year.
The data emerges as cars big and small, ranging from the Toyota Camry to the Mercedes Sprint pickup, are worth much more now than they were before the pandemic, and as smaller and cheaper cars become increasingly desirable. amid rising fuel costs.
Subsequently, used cars are increasing in value, from pickup trucks to vans and even electric vehicles.
Some second-hand models are worth 58 percent more now compared to just before Covid hit, as a global shortage of computer chips delays new car production and creates long waiting lists.
The fall in gasoline prices in December contributed to the slowdown in the headline inflation rate
Used car prices fell 2.5 percent from November to December and 8.8 percent less than a year ago. New cars and trucks fell slightly over the month but held up 5.9 percent from a year ago.
Falling energy prices also helped tame inflation last month, with overall energy costs down 4.5 percent from November.
Regular gasoline fell 2 percent in the month and 12.8 percent from a year earlier.
However, prices continued to rise in other key categories such as food and rent, albeit at a slower rate than they had risen in early 2022.