Buying cheap used trucks and SUVs in this city is a no-brainer
Do you know how some people warn you against buying a used car, truck, or SUV from some states because of snow and corrosion? You don’t want to find your dream car and then discover that it’s rusted from the inside out after a few winters on the road. A recent study found that one city in Florida appears to be the best city to take home a used truck, car or SUV, but locals likely wouldn’t agree.
Where is the cheapest place to buy a used truck?
Miami Ft. Lauderdale was the least expensive metro area to buy cheap trucks and SUVs, according to a recent study by iSeeCars. Although Miami-Ft. Lauderdale has made it to the list of the most expensive cities to buy used cars; It was the most popular area to pay at a lower than average price.
For example, the average cost of a used Toyota Tacoma was $32,373 in the Miami area. Albuquerque-Santa Fe, New Mexico, was the most expensive. Shoppers paid an average of $39,167 for the same vehicle just for a purchase in New Mexico. That’s $6,794 cheaper! It wasn’t just Tacoma either. Some used trucks were much less expensive in the Miami area than in another popular metro area.
The Chevrolet Silverado 1500 was also less expensive in Miami-Fort, the data showed. Lauderdale. The average cost was $36,523 in Florida and $42,621 in New Mexico. That’s 14% cheaper in Florida for the same truck. Most people probably don’t think about Miami when it comes to finding used trucks and cars, but maybe that should change. However, the importance of a good inspection before purchasing from a reliable source cannot be underestimated.
Where is the cheapest place to buy a used SUV?
According to the same study, Miami-Ft. Lauderdale, Florida has also led the way for inexpensive SUVs. The average price of a Jeep Grand Cherokee is $31,742, which is 15% cheaper than in the Seattle-Tacoma area of Washington. To be fair, many Jeep SUVs tend to hold value due to their large fan base and off-road capabilities. Most people in Florida don’t necessarily need a Jeep to get around, while the terrain is very different in Washington.
The Ford Explorer SUV had a similar story for both metro areas. A full-size Ford SUV was about $5,000 cheaper in Florida than in Washington. The Chevrolet Equinox was $3,000 less expensive, the Toyota Highlander saw a $4,000 price drop, and the Mazda CX-5 came in at $3,000, according to its Washington sales figures.
West Palm Beach-Ft. The Pierce, Florida area made the list as the most expensive place to find a used truck or car. Used cars were more than 9% more expensive in this region than the national average. These areas are only about one hour apart (no traffic, there is always traffic).
Why are cars so cheap in Miami?
There are a few factors that can lead to cheaper cars, trucks, and SUVs in Miami or Florida in general. Although the area does not receive snow, it is exposed to intense sunlight and other factors. This can lead to faster erosion than other areas, especially for those close to shore. However, the lack of snow has historically benefited purchasing a car in Florida.
Although it wasn’t always the case, there are also a lot of Hurricane Ian damaged vehicles for sale in Florida right now. These cars may look good at first glance, but it’s possible that water was on the roof during last year’s storm. Progress has been slow in some areas, and selling the car may not have been at the top of your list of things to do.
The data doesn’t lie, and many cheap trucks and SUVs are sold outside the Miami metro area. This is a good reminder to broaden your search a little. If you want to buy a Toyota Tacoma, you can go on vacation in Florida for a week and drive it home for less than you would pay for just the truck in New Mexico. Shopping for your next car can save you some cash, which can go toward some future insurance payments or oil changes.
