San Francisco -- With the close of the 2017 year, the automotive buyer intelligence firm, Autolist.com, released its 2017 Iowa Affordability Rankings review. This begs the question: which places became more expensive? Which places got cheaper?
Locally, the study shows that ranked Des Moines the #3 most affordable place to buy a used vehicle in the state with prices $132 the state average. Over the course of the past year, prices shifted compared to the state average, demonstrating a potential opportunity for buyers to save money by taking geography into account when buying their next car.
Looking back at 2017, here were the top 5 cities in Iowa that became more affordable:
1. Davenport -- $288 below the previous average
2. Dubuque -- $247 below the previous average
3. Sioux City -- $210 below the previous average
4. Ames -- $165 below the previous average
5. West Des Moines -- $74 below the previous average
In addition, here were the top 5 cities in Iowa that became more expensive:
1. Cedar Rapids -- $176 above the previous average
2. Iowa City -- $139 above the previous average
3. Council Bluffs -- $22 above the previous average
4. Ankeny -- $9 below the previous average
5. Des Moines -- $43 below the previous average
The study was based on 87 million vehicles and over 5 billion unique data points. As a final piece, the firm also also determined the following top five most affordable cities in Iowa to purchase a car at the start of 2018:
1. Davenport (Old Rank: 5) -- $281 below the Iowa average
2. West Des Moines (Old Rank: 4) -- $146 below the Iowa average
3. Des Moines (Old Rank: 2) -- $132 below the Iowa average
4. Ankeny (Old Rank: 1) -- $102 below the Iowa average
5. Ames (Old Rank: 7) -- $23 below the Iowa average
Armed with this data, consumers can go into 2018 with the buyer intelligence data needed to save money when buying a used vehicle in Iowa.