Used Cars For Sale in New York, NY (2024)

FAQs

How much does a used car cost in NYC? ›

Analysts found that in New York, the average used car costs $25,693 and the typical driver is paying $2,203 per year to insure a used car.

Key Takeaways: Cars.com is our top pick for selling a used car online. The company sets itself apart from other sites by offering a private sale option. Edmunds leads the way for buying a used car online since it makes it easy for consumers to research, buy, sell and appraise used cars.

New York is one of the more expensive states in the U.S. to own a car, with costs ranging from high insurance premiums to metropolitan expenses such as parking or toll fees. Beyond the initial vehicle purchase, the costs of owning a car in New York can add up over time, leading to significant long-term expenditures.

There's no rule to how many miles on a used car is too much, but by attempting to stick to the 12,000 miles per year rule is a great place to start. Find out how old the car is, multiple the number of years by 12,000, and if the number on the odometer is significantly higher than that, some concern might be warranted.

The City Sales Tax rate is 4.5%, NY State Sales and Use Tax is 4% and the Metropolitan Commuter Transportation District surcharge of 0.375% for a total Sales and Use Tax of 8.875 percent.

If you were not a resident of New York when the vehicle was purchased, use form Sales Tax Exemption {Sales Tax Form} (pdf) (at NY State Department of Tax and Finance) (DTF-803) to receive a non-resident exemption from NY State sales tax.

A used car with 80,000 to 100,000 miles is covered for 30 days, or just one thousand miles. Cars with over 100,000 miles are not covered by the law at all. The lemon law does not protect the consumer against minor defects. Nor does it cover problems unrelated to engine, drive train and brakes.

You are not required to have a driver's license to buy or register a car in New York. You can register a car with a suspended license in New York with a valid government ID, but you won't be able to drive or insure it. You must have auto liability insurance coverage to fulfill New York insurance requirements.

How many miles can a car last? ›

A conventional car can last for 200,000 miles. Some well-maintained car models will reach 300,000 or more miles total. The average passenger car age is currently around 12 years in the United States. Choosing a well-built make and model can help extend your car's longevity.

The average cost of car insurance in New York per month is $132 for minimum coverage, while full coverage costs an average of $307 a month. Drivers in New York who purchase full coverage pay an average rate that is 59 percent more than the national average.

Buying Your Car

In 2019, the average cost of a new car was over $37,000, although you can pay less if you opt for a pre-owned model. While some people will pay this in a lump sum, others will take out financing.

In 2023, the average selling price of used vehicles came to around 29,300 U.S. dollars.

Outdoor car storage costs about $118.23 per month in New York. Typically, outdoor parking spots are cheaper because they don't offer the same level of protection as an indoor or enclosed storage unit.

The cost of car insurance in New York is $2,088 per year or $174 per month on average for a full-coverage car insurance policy, according to our most recent analysis of data from Quadrant Information Services.

How many miles does a car last? A conventional car can last for 200,000 miles. Some well-maintained car models will reach 300,000 or more miles total.