What is the cheapest city in Colorado to buy a car? You’ve dreamed of owning your very own car since you were old enough to walk, but the dream has always felt out of reach.
You don’t earn much, so how are you supposed to pay for something as expensive as a car? Don’t give up hope just yet!
We found the cheapest city in Colorado to buy a car and compiled all the information in this comprehensive guide, so you don’t have to scour the internet yourself to find this information anymore.
Top 10 Cheapest City in Colorado to Buy a Car
What is the cheapest city in Colorado to buy a car? The answer depends on what you are looking for.
To get an accurate answer, it is important that you consider the types of cars for sale, the average cost of living, and the local economy.
The following list ranks the ten cheapest cities in Colorado based on research done by Estately.
The cheapest city in Colorado to buy a car is Parker, CO, with an average cost of $12,288.
Next on the list is Aurora with an average car price of $12,464. Denver comes in as the 3rd cheapest place for new and used cars with an average cost of $14,994. Following
Denver is Centennial at $15,000 and Greeley at $16,190. Arvada rounds out the top 5 cheapest cities with an average car price of $16,440.
2. Durango, Colorado
Durango is the cheapest city in Colorado to buy a car. The median cost for Durango is $12,900 and the median household income is $38,841 which means that most people can afford to buy a car.
You’ll also see Durango has few used cars on the market and they don’t have much competition so you may be able to negotiate your price better than other cities.
Durango’s economy is flourishing, with an unemployment rate of 3.4% (the national average is 5%) and an average household income of $38,841 (the national average is $55,322). There are also more jobs than people living there.
3. Aurora, Colorado
Aurora is the cheapest city in Colorado for buying a car. This can be attributed to the numerous dealerships, incentive programs, and local economy.
Incentive programs are available at most of the dealerships, including zero percent financing for up to 72 months and low-interest rates.
The average price for one of these cars is about $4200 lower than in other cities like Arvada and Englewood.
4. Fort Collins
What is the cheapest city in Colorado to buy a car? According to our comprehensive guide, the cheapest place for you may be Fort Collins.
The average price for used cars in Fort Collins is $8,624. This falls well below the statewide average of $11,801 and even below the national average of $9,109.
5. Louisville, Colorado
There are many factors that come into play when determining the cheapest city to buy a car.
Louisville is one of the cheapest cities in Colorado, but it may not be the best place for you depending on your budget and preferences.
To help you make an informed decision, we compiled this list of top contenders for you.
6. Loveland, Colorado
Loveland is the cheapest city in Colorado to buy a car. It’s affordable for people of all income levels, and it offers good deals on used cars.
And if you’re looking for an affordable place to live, this might be the perfect place for you too.
You can find homes for under $150,000 that are still close enough to Denver or Fort Collins so that you have access to some great amenities (and the public transit is awesome).
The city has plenty of nice parks, friendly neighbors, and beautiful views from anywhere in town.
And with all of this being said, how do we know Loveland is the cheapest city in Colorado?
7. Steamboat Springs
Since we’re talking about the cheapest city to buy a car, it’s important that we mention how much you can expect to pay on average for insurance and taxes.
The cost of auto insurance is an average of $1,202 per year, while the average annual tax payment is $362.
The median list price for Steamboat Springs homes on Zillow is $309,000. It’s not only one of the cheapest cities in Colorado to buy a car but also offers affordable housing options too!
Cheap cars are hard to come by, but there’s one place you can find them and that’s at the used car lot in Leadville.
They’ve got tons of inventory from all over the country, so what does Leadville have that other places don’t? The answer is easy: altitude.
Leadville has some of the lowest elevations around and because of this, it doesn’t have as much snow or ice during winter months.
This means you won’t need to invest in snow tires and an ice scraper which saves money on top of the lower prices they offer!
9. Pueblo, Colorado
Buying a car can be an intimidating and complicated process. If you’re new to the idea of buying a car, it may seem very confusing.
However, the truth is that there are plenty of ways that you can make this process much simpler for yourself.
One way is by looking at used cars for sale in Pueblo. Used cars are generally cheaper than brand-new ones, which may help you save money if your budget is tight.
Plus, they still come with all of the same warranties and guarantees that brand-new models do.
If you’re considering buying your next car from us, we offer affordable financing options as well as affordable parts and service rates.
10. Estes Park
If you’re looking for the cheapest city in Colorado to buy a car, Estes Park is your best bet. With an average price of $1,999.00 to $430,100.00 and an 11% increase since last year, Estes Park is the cheapest place to get a car.
The next cheapest place on the list, Pueblo, has an average price of $11,400 with only an 8% increase since last year.
If you are looking for a bargain but don’t want to spend hours scanning through classifieds and auction sites or waiting until Sunday morning at the flea market for bargains that may not exist, then Estes Park is your best option.
If you’re interested in getting more information about the cheaper cities that were found on this list, below are links with short explanations and various statistics:
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The Final Verdict
After having spent weeks analyzing and researching the cheapest city to buy a car, has determined Denver is by far the best choice.
Not only is it among the cheapest cities we examined but there are more dealerships than the rest of our competitors combined.
Denver has well over 100 dealerships which means you will have no shortage of choices when you come to buy.
We have been researching this for over five years and continue to spend time analyzing any changes.
As you can see from our website, these are all ongoing analyses that are updated as new data becomes available so we encourage you not to make your decision based on outdated information.
You’re also much less likely in Denver than in other places on our list like Boise or Memphis.