GITNUX MARKETDATA REPORT 2024

Reliable Used Suv Under $15,000 Market Statistics

The market statistics suggest that there are reliable used SUVs available for purchase under $15,000, indicating a favorable opportunity for budget-conscious buyers in this segment.

Statistic 1

"The average price of a used vehicle increased from $19,800 in 2020 to $22,430 in 2021."

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Statistic 2

"Used SUV sales accounted for 26% of all used vehicle sales in 2020."

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Statistic 3

"About 40% of used car buyers choose to buy SUVs."

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Statistic 4

"The 2015 Toyota RAV4, known for its reliability, frequently sells for under $15,000."

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Statistic 5

"Used compact SUVs outsold used midsize cars by approximately 160,000 units in 2019."

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Statistic 6

"SUV/Crossovers made up 37.8% of all used vehicle sales in 2018."

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Statistic 7

"More than 3.3 million used SUVs were sold in the US in 2019."

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Statistic 8

"A 2011 Lexus RX 350, a reliable luxury SUV, typically sells for under $15,000."

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Statistic 9

"The average used compact SUV sold for a little over $13,000 in 2018."

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Statistic 10

"Pre-owned vehicle sales are projected to be as high as 41 million units in 2021."

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