

They were largely bigger, sportier luxury vehicles … Now, let’s go back to June and see what topped the local list of bid-up models. “It was also a separation between the haves and the have-nots, as the majority of people buying cars were flush with cash.” “Earlier in the year, large/expensive SUVs were in high demand and economy cars weren’t subjected to the same price increases,” Blackley says. Yet, November’s focus on cheap wheels is a dramatic pandemic pivot in what type of used cars are getting the biggest prices hikes. When you peek at fuel-efficient options, hybrids prices are up 38% and electric vehicles are up 58%. Blackley notes the average used vehicle nationwide is 28% pricier than a year ago. Gas prices are a big factor in escalating used car prices. (Photo by Cameron Spencer/Getty Images for Nissan) Toyota Corolla: Up 47% - or $6,673 - to $21,024 The Nissan LEAF in its debut. Let’s look at other used cars with giant price bumps.

And cost savings were definitely on the mind of car buyers in November. It’s likely those old deep discounts for Leafs now make it popular. “The big picture in this topsy-turvy market is that even cars that are typically in low demand are in high demand right now,” says Julie Blackley at iseecars. Its odd original look put it on ’s 2013 list of 100 ugliest cars: “a bubble gum bubble with door handles.” Or when the gurus at Kelly Blue Book ranked cars in 2014 by their expected resale value, the Leaf was dead last, projected to hold just 18% of its purchase price over five years. (AP Photo/Richard Drew)īut over the years the Leaf has also been mocked. Which electric vehicle is Southern California’s ‘hottest’ used car? Close MenuĪ worker dusts a Nissan Leaf before it was announced as the 2011 World Car of the Year at the New York International Auto Show Thursday, April 21, 2011.
