Alaska is the highest-priced state in America to buy a used car, a new study has revealed.   

Vehicle issue platform AutoTechIQ analyzed 68,852 unique used and certified pre-owned car listings on Cars.com. The listings for each state were grouped together to find the average cost of a used car. Exotic cars costing over $150,000 were not included in the study. The states were then ranked from highest average cost to lowest average cost to reveal the most expensive spots to purchase a second-hand car.   

Alaska ranks top as the most expensive state to purchase a used car. Of the 667 vehicle listings in the state, the average cost of a second-hand car is $35,487, over $1,000 more than any other place in the country.

Wyoming is the second costliest state to buy a second-hand car, with an average price of $34,360.

Rhode Island ranks third with an average used car cost of $34,092.

Idahoans pay the fourth-highest amount on average for a used car. The average used car in the state costs $33,649 based on 288 listings.

Texas rounds out the five states home to the most expensive second-hand cars. A used car costs an average of $33,615 for Texans, with Ford vehicles proving the most popular, accumulating 433 listings. Arlington has the state’s cheapest used cars ($23,249), whereas Boerne has more expensive vehicles, with an average cost of $67,702.   

Of all 50 states, Washington and Ohio are the least expensive states to buy a second-hand car, with the average cost reaching $24,673 and $26,605, respectively. Other cheaper states include Virginia, Pennsylvania, Indiana, and Minnesota, where the average cost doesn't exceed $29,000.  

Uwe Kleinschmidt, Founder and CEO of AutoTechIQ, commented on the findings: “With demand outstripping supply due to microchip shortages and supply chain disruptions, used cars have steadily risen in price over the past decade, meaning it’s never been more important to find a great second-hand car deal.   

“An average used car in America is priced at $30,216.66, with just 20 states citing lower average prices. Of these states, seven each are located in the Northeast and Midwest, while three each are found in the South or Western regions of the country.   

“Ford vehicles are the most popular used cars in 33 states, while Chevrolet ranked top in 14 states, including Illinois, New York, and North Carolina.”