A supply crunch has sent used-car prices soaring. These 16 models are now worth more used than new.

A new Kia Telluride costs close to $4,000 less than a used one – if you can find one. Kristen Lee/Business Insider

  • Car dealers are facing a supply crunch that’s sent used-car prices through the roof.

  • Some 2019 and 2020 cars are now cheaper to buy new, an analysis from iSeeCars found.

  • The Kia Telluride costs $3,564 more to buy used than new, the analysis found.

  • See more stories on Insider’s business page.

Skipping a brand-new car for one that’s lightly used has always been the most wallet-friendly way to buy a car. Not anymore.

In the strange and sometimes utterly backward-seeming times we’re living in, it’s actually cheaper to buy some cars new rather than secondhand. A recent analysis from the automotive-research site iSeeCars.com identified 16 such vehicles, some of which cost thousands more to buy used.

The pandemic has led to a diminished supply of cars and outsized demand for them, sending used-vehicle prices through the roof. Amid financial uncertainty, people have been hanging on to their cars longer, choking a key pipeline of used cars to dealers. Meanwhile, a shortage of microchips has hampered car production globally and slashed the supply of new models.

iSeeCars.com’s analysis of some 470,000 2019- and 2020-model-year cars listed for sale in June found that the gap between used- and new-car prices had shrunk considerably in recent months. In early November, the average lightly used car cost nearly 11% less than its new counterpart. In June, that gap was just over 3%.

Some especially popular models – ones that are hard to find new right now – cost thousands more on the secondhand market. See the list of 16 vehicles below.

1. Kia Telluride

A side view of a gray 2020 Kia Telluride in a field.

A 2020 Kia Telluride. Kristen Lee/Business Insider

  • Average price new: $44,166

  • Average price used: $47,730

  • Difference: $3,564, 8.1%

2. GMC Sierra 1500

A black 2020 GMC Sierra Denali truck against a mountain backdrop.

A GMC Sierra Denali. GM

  • Average price new: $54,205

  • Average price used: $57,671

  • Difference: $3,466, 6.4%

3. Toyota Tacoma

A gray Toyota Tacoma truck driving up red sand and rocks.

A Toyota Tacoma. Toyota

  • Average price new: $37,902

  • Average price used: $39,857

  • Difference: $1,955, 5.2%

Read more: The rising stars of self-driving vehicles, from companies like Waymo, Aurora, and Cruise

4. Mercedes-Benz G-Class

A gray Mercedes-Benz G550 driving on rocky terrain.

A Mercedes-Benz G550. Mercedes-Benz

  • Average price new: $182,631

  • Average price used: $190,078

  • Difference: $7,447, 4.1%

5. Toyota RAV4 Hybrid

A teal Toyota RAV4 hybrid on a road.
  • Average price new: $34,995

  • Average price used: $36,352

  • Difference: $1,357, 3.9%

6. Toyota Tundra

A white 2020 Toyota Tundra truck in a dark-green forest.

A 2020 Toyota Tundra. Toyota

  • Average price new: $49,643

  • Average price used: $51,474

  • Difference: $1,831, 3.7%

7. Dodge Challenger

A red 2020 Dodge Challenger sports car.

A 2020 Dodge Challenger R/T Scat Pack. Dodge

  • Average price new: $39,375

  • Average price used: $40,764

  • Difference: $1,388, 3.5%

8. Toyota 4Runner

A dark-gray 2019 Toyota 4Runner on a tree-lined road.

A Toyota 4Runner. Toyota

  • Average price new: $45,382

  • Average price used: $46,867

  • Difference: $1,485, 3.3%

9. Hyundai Palisade

A blue 2020 Hyundai Palisade on a road.

A 2020 Hyundai Palisade. Hyundai

  • Average price new: $44,063

  • Average price used: $45,356

  • Difference: $1,293, 2.9%

10. Tesla Model 3

A red Tesla Model 3 on a showroom floor.

A Tesla Model 3. David Zalubowski/AP Photo

  • Average price new: $44,409

  • Average price used: $45,677

  • Difference: $1,268, 2.9%

11. Honda Civic

A red 2019 Honda Civic Sedan Touring.
A 2019 Honda Civic Sedan Touring. Honda
  • Average price new: $26,331

  • Average price used: $27,058

  • Difference: $727, 2.8%

12. Dodge Charger

A gray Dodge Charger on a snow-covered road.

A Dodge Charger. FCA North America

  • Average price new: $38,977

  • Average price used: $39,874

  • Difference: $897, 2.3%

13. Honda Odyssey

A red 2019 Honda Odyssey on a road.

A Honda Odyssey. Honda

  • Average price new: $37,612

  • Average price used: $38,048

  • Difference: $435, 1.2%

14. Kia Rio

A blue 2020 Kia Rio subcompact sedan on a road.

A 2020 Kia Rio. Kia

  • Average price new: $17,346

  • Average price used: $17,472

  • Difference: $127, 0.7%

15. Subaru Crosstrek

An orange 2020 Subaru Crosstrek Premium next to gray hills.

A 2020 Subaru Crosstrek Premium. Subaru

  • Average price new: $29,474

  • Average price used: $29,642

  • Difference: $168, 0.6%

16. Subaru WRX

A blue Subaru WRX parked outside a building.

A Subaru WRX. Subaru

  • Average price new: $34,487

  • Average price used: $34,568

  • Difference: $81, 0.2%

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