Study Confirms: Used Cars Under $20K Are Almost Extinct in Lubbock

If you’ve been shopping around Lubbock for a used car and wondering, “Where did all the good deals go?”—you’re not imagining things. A brand-new study from iSeeCars confirms that affordable used cars are disappearing fast, especially here in West Texas.

What a Difference Six Years Can Make

Back in 2019, nearly 35% of used cars in Lubbock were priced under $20,000. Fast forward to 2025? That number has plummeted to just 8.4%. Nationally, it’s even worse—with the share of sub-$20K used cars falling from 49.3% to 11.5%.

The study analyzed 2.6 million 3-year-old used cars from January through June of both 2019 and 2025. The findings paint a clear picture: car prices have soared, and popular models now cost thousands more than they did just a few years ago.

What’s the Breakdown?

Here in Lubbock, the Toyota Camry topped the list for the biggest 5-year price jump—rising from $17,149 in 2019 to $25,160 today, a whopping 46.7% increase. Other price climbers include:

  • Nissan Rogue: up 37.8%
  • Toyota Corolla: up 29.0%
  • Chevy Trax: up 18.8%
  • Kia Sportage: up 16.9%

The average used car price in Lubbock also jumped from $26,747 to $36,105—a 35% hike.

But maybe the most shocking stat? In 2019, over 91% of used Toyota Camrys in Lubbock were under $20K. This year? Just 3.2%. That’s a 96.5% drop in budget-friendly availability. The Nissan Rogue had a similar fall—from 87.5% under $20K in 2019 to just 10.7% today.

Where Does the Fault Lie?

So what’s causing this used car drought? Blame the pandemic. According to iSeeCars Executive Analyst Karl Brauer:…

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