Used car prices keep going higher. These models are seeing the biggest surges

Prices surged once again in November, increasing 27.9% over the same period last year, according to iSeeCars.com. That’s up from a 24.9% year-over-year jump in October. On average, buying a used vehicle would cost you $6,939 more in 2021 than it did this time last year.

The increases are due to shortages in the market, as auto manufacturers struggle to keep up with demand for new cars. Consumers don’t have the selection they’re used to, and that’s pushing them to take what they can get, regardless of price.

Experts tell Coins2Day that the used car market likely won’t start to return to normal until well into 2022—and possibly beyond.

“Used car prices had drifted down, slightly, since they peaked in June, but they are back on the rise again, with the average used vehicle priced nearly over $7,000 above where it was last November,” said Karl Brauer, iSeeCars’ executive analyst. “With microchip shortage–related plant shutdowns persisting throughout the year, automakers have not kept pace with pent-up demand and lingering supply constraints that are expected to continue well into 2022.”

These 10 cars have seen the biggest gains:

Nissan LEAF: 64% change since November 2020 ($8,404)

Mitsubishi Mirage: 52.3% change since November 2020 ($4,945)

Chevrolet Spark: 50.7% change since November 2020 ($5,275)

Kia Forte: 42.4% change since November 2020 ($5,369)

Kia Rio: 42.2% change since November 2020 ($4,790)

MINI Hardtop 2 Door: 40.4% change since November 2020 ($7,136)

Toyota Prius: 40.2% change since November 2020 ($6,912)

Toyota Corolla: 39.5% change since November 2020 ($5,693)

Kia Soul: 39% change since November 2020 ($5,065)

Lincoln Navigator: 38.3% change since November 2020 ($18,476)

Location is a factor in how much you’ll pay as well. Prices in Orlando saw the biggest gains, increasing 33.4% on average (more than $7,300), while buyers in San Antonio saw prices increase just 8.1% last month.