Queens residents looking to purchase an affordable car won’t have to travel far, according to a new study.
Autolist, a new and used car search engine, analyzed 67 million vehicles listed on its website and found that out of 62 counties in New York, Queens was the fourth most affordable place to purchase a car.
The study also found that cars in Queens are $965 less than the state average. Autolist aggregates millions of car listings from websites such as eBay, Autobytel, Edmunds and more. The site features more than 4.4 million listings.
The listings captured were from Nov. 28, 2010, through March 31, 2016, and Alex Klein, vice president of data science for Autolist, also broke down the information by most affordable make and model in Queens.
The Lexus LX 570 is the most affordable vehicle in Queens, with prices $1,890 below the New York average. The Kia Sportage is also highly affordable, with prices $1,868 below the state average. In third place, the Mitsubishi Outlander Sport is $1,858 below the state average.
Those looking to purchase a Mazda CX-5 will find that in Queens, that make and model is $1,867 below state average while the Nissan JUKE is $1,811 below the state average.
Manhattan was ranked first in affordability, with cars priced at $1,710 below the state average. The Bronx was ranked third on the list and Kings County was fifth, after Queens. Staten Island, which is considered Richmond County, was ranked 15th on the list with cars priced at $63 below the state average.
“Across our study, we found that high population density areas have lower prices, as there are more dealerships and as a result, more competition for buyers,” Klein said. “This increased competition if the key factor driving down prices. New York City specifically is one of the most densely populated areas in the nation, and therefore we see the prices for NYC, New York county, and the immediately surrounding counties coming in well below the state and national average.”
