Monday, February 6, 2023
News Prices of the Most Popular Vehicles in the US Have Increased up...

Prices of the Most Popular Vehicles in the US Have Increased up to 22% since 2019

Despite Toyota owning the top 10 sellers list, their price increases are the most reasonable


  • The GM full-size pickups hold the largest price increases between 2019 and 2022.

  • Toyota holds four of the top 10 most popular vehicles in the US.


We’ve all noticed that the cost of living has increased dramatically over the last year. From food to energy, everything is pricier, including cars and trucks. In the US, some new vehicles have seen their prices jump by more than 20% based solely on the mess we’re currently in.

2022 Toyota Tacoma Trail Edition 4×4 | Photo: Toyota

That mess includes part shortages, other supply chain issues, and the ongoing energy crisis, to name a few items that may explain why inflation is raging. We’ve seen how used car prices have surged dramatically over the last 18-24 months, to a point in fact where some pre-owned vehicles were selling for more than when new.

BestBrokers have compiled a list of the top 10 best-selling vehicles in the US and tracked base model pricing for these models from 2019 to 2022. They discovered that some automakers, namely GM, have generously padded their pricing to the tune of up to 22.2%.

The 2022 Chevrolet Silverado earns the title of the most increased with the GMC Sierra following closely behind with a 19.5% jump. Toyota impresses with its seemingly reasonable increases ranging from 5% to 7.6%.

Here’s the top 10 list:

Prices of the Most Popular Vehicles in the US | Photo: BestBrokers

 

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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

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