5 Worst States To Buy a New Car
Written by
Chris Adam
Edited by
Cory Dudak
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If you’ve been shopping recently for a car, you know the state you’re in can make a big difference in terms of available inventory, taxes, and fees. The difference can be anywhere from a few hundred dollars to more than several thousand dollars.
You may be in trouble if you’re living in Florida and in the market for a new car. The Sunshine State is among a few Southern states that have been called the worst when it comes to purchasing a car. According to CarEdge, Florida is the worst for a couple of reasons. First, it has some of the lowest supply of new cars among the Southern states. Low supply can make it difficult to find a car that suits your needs and can push up the price due to higher demand, making it difficult to save money.
Here are some states with the lowest supplies of new cars:
- Georgia
- Florida
- California
- New Jersey
- Texas
High state fees can also drive up the “out-the-door price.” According to CarEdge, “Florida stands out as one of the worst states for new car purchases, with no cap on doc fees (averaging $995) and limited new car inventory.” Documentation fees can also be especially high in states like Alabama, Virginia, and North Carolina.
In addition to Florida, high-cost states such as Alabama, Arizona, California, and Tennessee can also be dicey with additional fees that can average several thousands of dollars.
There is good news if you live in Florida and are car shopping. The state’s abundant used car market can make it a good choice if you’re in the market for a used car. The state has such an abundant used car market because of its older population and the steady influx of used vehicles. However, there is a need to be extra cautious here. Flood cars are a much bigger risk in the Sunshine State’s used car market.
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