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


Trending Now

Mercedes-Benz’s 2024 EQ line-up is getting powertrains updates… and a heat pump!

Mercedes-Benz has not confirmed the updates yet. A new heat pump should help to boost autonomy between charges. A 4x2 mode should also...

Volvo is Planning its Largest Revamp in Over 10 years

The company wants to add at least six electric vehicles by 2026. New electric versions of the S60, S90, XC40, XC60 and XC90...

Mazda USA Boss Says the New CX-90 PHEV Addresses People’s Interest in Electrification

Mazda CEO notes that the EV space is suffering growing pains. PHEV technology, according to him, offers the best of both worlds. Strong demand...

MINI 2023 Lineup: Models And Changes Overview

The MINI Clubman is no longer available in Canada. Simplified equipment group lineups across the model line. New colours, new features, and of...

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...
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.