Avoid These 4 Used Vehicle Markups | MotorBiscuit

Used car prices have skyrocketed in 2021. Chip shortages have made certain vehicles extremely rare because of supply issues. Some used vehicles actually cost more than their new price because the lack of supply has caused them to go up in value. Here are four vehicles you should avoid if you are looking for a deal on a used car.

Chevrolet Corvette used car prices are ridiculous

The Chevrolet Corvette | Zhe Ji/Getty Images

The beauty of the Chevrolet Corvette is that it is an American sports car that is usually reasonable compared to many of its high-performance peers. A 2021 Chevrolet Corvette starts at $59,900. According to a study conducted by iSeeCars, average used Chevrolet Corvette prices were $68,804 this April. This is a 33.9% increase in used Corvette prices in April 2020. Prices have gone up by $17,432.

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