Where you live can impact what you

If you live in the Sacramento area and are looking for a used car, you have our sympathies. The Sacramento area is the part of the country with the fewest good deals on used cars. If you live in the Miami-Ft. Lauderdale area, on the other hand, get shopping. Twenty-seven percent of used cars in that area are priced below market value. 

[See this month’s Best Used Car Deals]

Cities with the Most Used Car Deals

City

Percentage of Used Cars that are Good Deals

Miami-Ft. Lauderdale, FL

27.4%

Cleveland-Akron (Canton), OH

23.1%

New York, NY

23.0%

Detroit, MI

21.8%

Tampa-St. Petersburg (Sarasota), FL

21.5%

Hartford and New Haven, CT

21.3%

Orlando-Daytona Beach, FL

21.2%

Chicago, IL

19.6%

Boston, MA-Manchester, NH

19.6%

Columbus, OH

19.3%

To find the best and worst cities for used car shoppers, we teamed up with iseecars.com. The site looks at pricing data from millions of used car listings, comparing prices for similar used cars in a given area to determine what the market price for a given model should be. The analysis takes the car’s year and overall condition into account as well. When a car is priced 10 percent or more below market value, iseecars.com flags it as a good deal.

Two of the areas where it’s easiest to snag a good deal on a used car are in Ohio, while New York City, Hartford and New Haven, Connecticut, Boston, Massachusetts and Manchester, New Hampshire are the best places in the northeast to find a good deal on a used car. Florida has three cities where it’s easy to find a good used car deal. Though most people think of Detroit as the birthplace of many new cars, nearly 22 percent of used cars there are listed at a price at least 10 percent below their market value. More than 19 percent of used cars listed for sale in Chicago are good deals.

[Check out our Used Car Rankings]

Cities with the Fewest Used Car Deals 

City

Percentage of Used Cars that Are Good Deals

Sacramento-Stockton-Modesto, CA

10.7%

Portland, OR

11.0%

Seattle-Tacoma, WA

12.8%

Raleigh-Durham (Fayetteville), NC

12.9%

Denver, CO

13.7%

Kansas City, MO

13.9%

San Diego, CA

13.9%

San Francisco-Oakland-San Jose, CA

14.3%

Indianapolis, IN

14.5%

San Antonio, TX

14.9%

In addition to the Sacramento area, San Diego and the Bay Area in California have some of the lowest proportions of good used car deals. Portland, Oregon and Seattle are also deserts for used car shoppers looking for good deals. Buyers in Raleigh-Durham, Denver, Kansas City, Missouri, Indianapolis and San Antonio round out the top 10 worst cities to find a deal on a used car.

[7 Things You Must Do Before Buying a Used Car]

“It's interesting to see cities with the highest proportion of deals tend to be from the Midwest, Northeast and particularly Florida,” says Phong Ly, founder and CEO of iseecars.com. “Florida stands out with three cities in the top 10. On the other hand, cities with the least percentage of deals tend to be from the western U.S. occupying six of the top 10 slots with three of those cities from California. The pricing differences could be coming from a combination of factors including market conditions, competitive dynamics and local demand and preferences.”

One thing to note about this study is that it only takes the listing prices of used cars into account, not the final transaction price. So while more cars in Chicago are priced below market value than in San Diego, we can’t tell if the San Diego sellers are more flexible in their negotiating, allowing buyers to pay a lower price in the end.

[Search millions of used car listings]

Still, if you’re in the market for a new-to-you car and willing to drive a bit, you might want to turn your used car shopping into an excuse for a road trip.

In the market for a used car? Check out our used car listings and used car rankings.  Also, be sure to follow us on Twitter and Facebook