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Editor’s Note: This story originally appeared on Copilot.

After more than a year of high inflation in all sectors of the economy, consumers are seeing signs of relief. The overall growth rate of Consumer price index stabilized in recent months, gasoline prices fall from $5.03 per gallon in June to $4.08 in August, house prices have fallen slightly off this summer’s records, and travel experts say domestic air ticket prices are down 37% from summer prices.

The used-vehicle market is another area where consumers are hoping to see inflation ease. The automotive industry has been particularly hard hit by supply chain disruptions resulting from the COVID-19 pandemic over the past two and a half years. car manufacturers produce millions fewer vehicles than before the pandemic, which dramatically increased demand – and prices – for used cars.

Fortunately, price increases in the used car market could take a turn, according to CoPilot. Back to normal index. It compares current used vehicle values ​​to what they would have been without the momentum of the past two years. Recently, the back-to-normal index saw its first three-month decline in the price premium on used cars.

However, some vehicle types still have particularly high price premiums. CoPilot’s Return to Normal Index shows that premiums are particularly high for some manufacturers. Here are the brands with the largest used car price premiums. The last slide details the methodology used to develop the index.

15.Chevrolet

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  • Price premium percentage: 41%
  • Average listing price: $32,505
  • Price change from month to month: $0

14. Ford

Ford Transit Connect
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  • Price premium percentage: 42%
  • Average listing price: $33,213
  • Price change from month to month: $189

13.Pontiac

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  • Price premium percentage: 43%
  • Average listing price: $10,052
  • Price change from month to month: $88

12. Scion

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  • Price premium percentage: 43%
  • Average listing price: $13,625
  • Price change from month to month: -35$

11.Honda

Honda CR-V
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  • Price premium percentage: 43%
  • Average listing price: $26,257
  • Price change from month to month: $289

10.Mitsubishi

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  • Price premium percentage: 44%
  • Average listing price: $20,281
  • Price change from month to month: $104

9.Nissan

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  • Price premium percentage: 44%
  • Average listing price: $24,390
  • Price change from month to month: -69$

8. Mazda

Mazda MX-30 EV Electric Vehicle
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  • Price premium percentage: 44%
  • Average listing price: $24,557
  • Price change from month to month: $318

7.Chrysler

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  • Price premium percentage: 45%
  • Average listing price: $23,011
  • Price change from month to month: -$231

6.Smart

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  • Price premium percentage: 48%
  • Average listing price: $12,701
  • Price change from month to month: $301

5.Tesla

Tesla Model 3
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  • Price premium percentage: 48%
  • Average listing price: $70,374
  • Price change from month to month: -631$

4.FIAT

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  • Price premium percentage: 51%
  • Average listing price: $16,575
  • Price change from month to month: $70

3.Hyundai

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  • Price premium percentage: 53%
  • Average listing price: $22,849
  • Price change from month to month: $167

2.Kia

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  • Price premium percentage: 55%
  • Average listing price: $24,353
  • Price change from month to month: $258

1.Volkswagen

Volkswagen ID.4 electric vehicle
ginger_polina_bublik / Shutterstock.com
  • Price premium percentage: 58%
  • Average listing price: $25,556
  • Price change from month to month: $104

Methodology

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To find the brands with the largest used car price premiums, CoPilot researchers analyzed the latest CoPilot data. Back to normal index. The researchers ranked used car brands by highest price premium percentage as of July 2022.

The price premium percentage is calculated using the differential between what a used car is typically worth and its current retail value. Additionally, the researchers also calculated the average listing price and month-over-month (June 2022 to July 2022) price change for each brand.