SAN ANGELO, TX — After years of shrinking availability of affordable used cars, a new study by iSeeCars reveals an uptick in the share of vehicles priced under $20,000 in San Angelo.
The share of affordable used cars rose to 13.2% in 2024, up from 8% in 2023, reversing a decline that brought the number down from 31.8% in 2019, according to the study.
The iSeeCars study, which analyzed over 17.9 million 1- to 5-year-old used car prices, found that sub-$20K cars accounted for 16.5% of the national market in 2024, up from 12.7% in 2023. However, the report highlighted that San Angelo’s average used car price still remains high at $35,191 — a slight decrease from $36,645 in 2023 but a significant jump from $27,307 in 2019.
Several popular models saw notable price drops in San Angelo over the past year. The Nissan Rogue led the pack with a 6.7% price decline in 2024, bringing the average price to $22,032. Other models such as the Toyota Camry and RAV4 saw declines of 6% and 5%, respectively.
Despite the higher average used car prices, San Angelo saw an increase in the market share of sub-$20K cars for certain models. The Nissan Rogue, which accounted for 40.7% of used car sales under $20,000 in 2024, was the most popular affordable car. It was followed by the Chevrolet Malibu at 38.7% and the Chevrolet Equinox at 32.3%.
“After years of increasing used car prices, we’ve finally seen prices drop in the past year,” said Karl Brauer, iSeeCars’ executive analyst. “Used car prices remain above pre-pandemic levels, but buyers are seeing improvements in affordability.”
The study also found that lower-priced cars are showing lower mileage, giving consumers more value as they shop for affordable vehicles with fewer miles.
For more detailed findings, including national changes and price trends, the full study can be accessed online here.
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