By Sydney Maki, Phoenix Business Journal
Buying a vehicle in Buckeye could save buyers $966 compared to the average cost in the rest of Arizona, according to a study by Autolist.com.
That makes Buckeye the most affordable place in the state to purchase a new vehicle.
Scottsdale and Tempe followed as the next most affordable areas to buy in Arizona, averaging $441 and $395 in savings, respectively.
Phoenix ranked fourth in Arizona and was deemed the 191st most affordable city in the U.S. On average, a vehicle in Phoenix costs $367 less than average in Arizona and $268 less than the average in other U.S. cities, according to the study.
Across the country, Autolist.com found Arizona to be No. 9 on the list, averaging $244 less expensive than other states.
In Phoenix, the Hyundai Genesis topped the list as most affordable vehicle, costing $1,411 less than the state’s average. From there, the GMC Yukon XL and Chevrolet Traz round out Phoenix’s top three.
The top five most affordable vehicles in Arizona are:
- Ford Expedition EL , $2,236 below the national average
- BMW X1 , $1,734 below the national average
- Chevrolet Suburban , $1,684 below the national average
- Infiniti Q50 , $1,662 below the national average
- Jeep Cherokee , $1,340 below the national average
To read the article on the Phoenix Business Journal website, click here.