Hollywood’s the second lowest place in the country to buy a used car
Posted from CBS News Miami, Feb 24, 2023
Used cars are 9% cheaper on average in Hollywood, support our local businesses!
Clunker Junker, a national company that buys used cars, looked at thousands of listings and prices on cars.com to find the cheapest markets.
It found that used cars in Florida, on average, were listed about 4.5% below the national average.
The cheapest spot in the nation was Jersey City, New Jersey whose prices were 9.8% lower than the national average. Hollywood came in second with prices 8.96% lower than average. Miami came in third (7.95%) and Fort Lauderdale came in ninth (3.92).
Lots of factors affect the price of used cars from one state to the next. In Florida, our hot and humid climate leads to faster wear and tear which can result in a higher rate of depreciation, according to the Sun-Sentinel.
Here’s a link to the full story.
