County in center for used car prices

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SAN FRANCISCO, Calif. — The automotive buyer intelligence firm Autolist.com has released its second quarter 2016 Most Affordable Areas Analysis and ranked Shelby County the No. 47 most affordable place to buy a car in Ohio.

The study, which drew on more than 72 million vehicles and 4.5 billion unique data points across vehicles of all makes and models nationwide, showed that used vehicles in Shelby County were on average $328 more than the Ohio average. Autolist.com’s study found that there were statistically significant differences in list prices at the state, county and even the city level across both Ohio and the U.S. at large. Results showed that while dealer density predictably contributed significantly to price differentials, other factors did so, as well, such as manufacturer community presence and geography demands.

The top five most affordable places to buy a used vehicle in Ohio were Defiance County, $822 below the state average; Summit County, $649 below the state average; Carroll County, $612 below the state average; Stark County, $497 below the state average; and Van Wert County, $462 below the state average.

Shelby County had its own unique price differences. Autolist.com’s study showed that the Chevrolet Sonic was the most affordable vehicle in Shelby County, with prices $729 below the Ohio average.

The top five most affordable models in Shelby County were Chevrolet Sonic, $729 below the state average; Buick Enclave, $434 below the state average; Ford Ranger, $246 below the state average; Honda Civic, $86 below the state average; and Ford Focus, $79 below the state average.

As a result, there is an opportunity for people to save hundreds if not thousands of dollars on their next vehicles by taking advantage of geographic differences in used vehicles prices.

Staff report

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