A supply crunch has sent used-car prices soaring. These 16 models are now worth more used than new.

• Car dealers are facing a supply crunch that’s sent used-car prices through the roof.

• Some 2019 and 2020 cars are now cheaper to buy new, an analysis from iSeeCars found.

• The Kia Telluride costs $3,564 more to buy used than new, the analysis found.

• See more stories on Insider’s business page.

Skipping a brand-new car for one that’s lightly used has always been the most wallet-friendly way to buy a car. Not anymore.

In the strange and sometimes utterly backward-seeming times we’re living in, it’s actually cheaper to buy some cars new rather than secondhand. A recent analysis from the automotive-research site iSeeCars.com identified 16 such vehicles, some of which cost thousands more to buy used.

The pandemic has led to a diminished supply of cars and outsized demand for them, sending used-vehicle prices through the roof. Amid financial uncertainty, people have been hanging on to their cars longer, choking a key pipeline of used cars to dealers. Meanwhile, a shortage of microchips has hampered car production globally and slashed the supply of new models.

iSeeCars.com’s analysis of some 470,000 2019- and 2020-model-year cars listed for sale in June found that the gap between used- and new-car prices had shrunk considerably in recent months. In early November, the average lightly used car cost nearly 11% less than its new counterpart. In June, that gap was just over 3%.

Some especially popular models – ones that are hard to find new right now – cost thousands more on the secondhand market. See the list of 16 vehicles below.

1. Kia Telluride

• Average price new: $44,166

• Average price used: $47,730

• Difference: $3,564, 8.1%

2. GMC Sierra 1500

• Average price new: $54,205

• Average price used: $57,671

• Difference: $3,466, 6.4%

3. Toyota Tacoma

• Average price new: $37,902

• Average price used: $39,857

• Difference: $1,955, 5.2%

4. Mercedes-Benz G-Class

• Average price new: $182,631

• Average price used: $190,078

• Difference: $7,447, 4.1%

5. Toyota RAV4 Hybrid

Story continues

• Average price new: $34,995

• Average price used: $36,352

• Difference: $1,357, 3.9%

6. Toyota Tundra

• Average price new: $49,643

• Average price used: $51,474

• Difference: $1,831, 3.7%

7. Dodge Challenger

• Average price new: $39,375

• Average price used: $40,764

• Difference: $1,388, 3.5%

8. Toyota 4Runner

• Average price new: $45,382

• Average price used: $46,867

• Difference: $1,485, 3.3%

9. Hyundai Palisade

• Average price new: $44,063

• Average price used: $45,356

• Difference: $1,293, 2.9%

10. Tesla Model 3

• Average price new: $44,409

• Average price used: $45,677

• Difference: $1,268, 2.9%

11. Honda Civic

• Average price new: $26,331

• Average price used: $27,058

• Difference: $727, 2.8%

12. Dodge Charger

• Average price new: $38,977

• Average price used: $39,874

• Difference: $897, 2.3%

13. Honda Odyssey

• Average price new: $37,612

• Average price used: $38,048

• Difference: $435, 1.2%

14. Kia Rio

• Average price new: $17,346

• Average price used: $17,472

• Difference: $127, 0.7%

15. Subaru Crosstrek

• Average price new: $29,474

• Average price used: $29,642

• Difference: $168, 0.6%

16. Subaru WRX

• Average price new: $34,487

• Average price used: $34,568

• Difference: $81, 0.2%

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