Friday, February 3, 2023
News Here are the Top 10 Cars with the Greatest Price Increases in...

Here are the Top 10 Cars with the Greatest Price Increases in July 2022

The used car market is doing the yo-yo dance and this time it’s rising

  • Used Car Prices Once More on the Rise

  • July 2022 is the second consecutive month of used pricing increases.

  • Both June and July come after four months of decrease.

Yup, this old nugget. Used car prices have once again risen in July, this time up 10.9% on average over the same period in 2021.

Toyota Prius Prime
Toyota Prius Prime | Photo: Toyota

The once-more rising prices are being fueled by low inventories due to the wide-ranging effects of the long-lasting global chip shortage. Speaking of fuel, the sustained high gasoline prices are also responsible for the price hikes.

In fact, although the average increase is 10.9% (was 10.5% in June), hybrid used car prices are up 30.5%, and, wait for it, the average used electric vehicle has shot up by a whopping 56.7% according to iSeeCars.

Of the top 10, eight are electrified in one way or another and one is offered with hybrid technology although it is not specified in the chart. The twisted part is that the car with the greatest increase, year-over-year, was not so long ago one of the highest depreciating cars.

Here are the Top 10 Cars with the Greatest Price Increases:

Top 10 Cars with the Greatest Price Increases (YoY) – iSeeCars July 2022 Study


Used Vehicle

Average Used Car Price (July 2022)

$ Price Change from July 2021

% Price Change from July 2021


Nissan LEAF





Hyundai Sonata Hybrid





Toyota Prius





Toyota Prius Prime





Toyota Avalon Hybrid





Chevrolet Bolt EV





Fiat 500x





Tesla Model S





Porsche Cayenne





Lexus ES 300h




Average Across All Cars




And for fun, here are the five vehicles with price decreases in the same period:

Top 5 Cars with the Smallest Price Increases (YoY) – iSeeCars July 2022 Study
RankUsed VehicleAverage Used Car Price (July 2022)$ Price Change from July 2021 % Price Change from July 2021 
1Nissan Armada$37,922-$3,022-7.4%
2Chevrolet Camaro$34,334-$2,187-6.0%
3Nissan Titan$38,044-$757-2.0%
4Nissan Titan XD$40,043-$654-1.6%
5INFINITI QX60$33,218-$84-0.3%


Trending Now

2024 Range Rover Velar Gets Facelift, New Infotainment

Subtle exterior updates keep Velar fresh New floating screen and more modern guts for Pivi Pro infotainment The Range Rover Velar is getting a...

The Genesis X Convertible Concept Will Enter Production as a Halo Car

The brand’s CEO made the announcement during the Genesis dealer meeting. This model could be priced around $200,000 to $300,000. No specifications have...

New 2024 Mazda CX-90 Unveiled

Mazda introduces the all-new 2024 Mazda CX-90, its newest SUV with available plug-in hybrid technology   The new Mazda CX-90 will offer two engines including...

Volkswagen Could Build its Next Battery Factory in Ontario

The automaker has already signed an agreement with the federal government. Other sites in North America are still being considered. This will be...

The Suzuki Jimny is going electric, but don’t expect it in North America

The Suzuki Jimny EV won't come to North America. The little SUV is still part of the kei car category in Japan. The...
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.