Car Buying Trends 2024: Most Searched & Purchased Vehicles

Most Searched Vehicles of 2022

Car enthusiasts and buyers flocked online to explore their ideal vehicles, and one name stood out in 2022: the Ford Maverick. This compact truck, offering affordability, fuel efficiency, and a versatile design, became the top-searched new vehicle on MotorVero.

On the used car market, the Dodge Charger led searches, proving that classic muscle cars still hold appeal, especially for buyers seeking power and performance at a competitive price.

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Most Purchased Vehicles of 2022

While searches indicated interest, actual purchases revealed another story. The best-selling new vehicle was the Toyota RAV4, a reliable and versatile SUV, proving that availability and practicality outweigh initial search trends.

On the used car side, the Ford F-150 dominated as the most purchased vehicle, maintaining its reputation as a top choice for both work and personal use.

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Average Car Prices in 2022

The rising costs of materials, chip shortages, and an increasing demand for high-tech features contributed to higher vehicle prices. In 2022, the average price for a new car stood at $48,000, while used cars averaged $30,700.

Despite these figures, budget-friendly options remained available, including many new models priced under $20,000.

Top 10 Car-Buying Cities

Geographic trends influenced car-buying behaviors, with major metropolitan areas leading the charge. The top 10 cities with the highest car searches included:

• Los Angeles
• New York
• Dallas-Fort Worth
• Washington D.C.
• San Francisco-Oakland-San Jose
• Atlanta
• Chicago
• Philadelphia
• Houston
• Boston
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