Miami Is the Cheapest Place in America to Buy a Used Car

Looking for a good deal on a use car? Turns out you're in the right place. According to a new study from CarGurus, the Miami area is the cheapest metro area in America to buy a used car. Though, the savings aren't exactly huge...

By Kyle Munzenrieder

February 14, 2013

[
        {
          "name": "Air - MediumRectangle - Inline Content - Mobile Display Size",
          "component": "19274298",
          "insertPoint": "2",
          "requiredCountToDisplay": "2"
        },{
          "name": "Editor Picks",
          "component": "17482312",
          "insertPoint": "4",
          "requiredCountToDisplay": "1"
        },{
          "name": "Inline Links",
          "component": "18711090",
          "insertPoint": "8th",
          "startingPoint": 8,
          "requiredCountToDisplay": "7",
          "maxInsertions": 25
        },{
          "name": "Air - MediumRectangle - Combo - Inline Content",
          "component": "17482310",
          "insertPoint": "8th",
          "startingPoint": 8,
          "requiredCountToDisplay": "7",
          "maxInsertions": 25
        },{
          "name": "Inline Links",
          "component": "18711090",
          "insertPoint": "8th",
          "startingPoint": 12,
          "requiredCountToDisplay": "11",
          "maxInsertions": 25
        },{
          "name": "Air - Leaderboard Tower - Combo - Inline Content",
          "component": "17482313",
          "insertPoint": "8th",
          "startingPoint": 12,
          "requiredCountToDisplay": "11",
          "maxInsertions": 25
        }
      ]

Looking for a good deal on a use car? Turns out you're in the right place. According to a new study from CarGurus, the Miami area is the cheapest metro area in America to buy a used car. Though, the savings aren't exactly huge.

On average you'll pay about 6.6 percent less than the national average here in Miami. Though, second place Cleveland pays only 5.7 percent less.

According to CBS Miami, "A CarGurus spokeswoman said factors contributing to used car prices include population density, competition between dealerships, supply, and economic conditions."

Of course, this may be an indication of our overall economic healthy. Recession-hit cities like Cleveland, Detroit, and Akron also make the top ten.

Though, if you're looking to sell your car, think about driving it up to Jackson, Mississippi. On average you'll get about 9 percent more than the national average.

Follow Miami New Times on Facebook and Twitter @MiamiNewTimes.

KEEP NEW TIMES FREE... Since we started New Times, it has been defined as the free, independent voice of Miami, and we'd like to keep it that way. Your membership allows us to continue offering readers access to our incisive coverage of local news, food, and culture with no paywalls. You can support us by joining as a member for as little as $1.