The Caboose Discount Report

September 2026 · Updated from live inventory. We track every US listing that CarGurus rates below its expected market price — 2,024 cars right now, across 12 makes and 49 states — and publish what the discounts look like. Free to cite, free to reuse.

$1,492is how far under market the average long-lasting used car on Caboose is listed in September 2026, across 2,024 listings. The median one costs $0.20 for each mile it has left before 200,000.

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Caboose, “The Caboose Discount Report, September 2026,” caboose.world/report, data as of 2026-09-28. Longevity figures: iSeeCars Longest Lasting Cars Study (September 2026).

2,024below-market listings tracked
$1,492average gap to market price
5%average discount
$3,020,291total discount on the board

What we found this month

Most discounted models

Ranked by average percentage below expected market price. Minimum 20 live listings to qualify.

Deepest average discount by model
ModelAvg. discountAvg. $ offMedian priceAvg. milesListings
Acura ILX8.6%$1,458$16,52788,50624
Mercedes-Benz E-Class8.3%$2,199$20,13063,35944
RAM 25006.2%$2,537$42,02356,38984
GMC Yukon XL6.1%$2,207$36,14799,50320
GMC Yukon6.1%$2,216$39,82085,74647
Toyota Corolla5.9%$1,073$17,94362,87737
GMC Sierra 2500HD5.7%$2,371$45,04690,48120
Lexus GX5.6%$2,169$34,81573,66135
Chevrolet Tahoe5.4%$2,179$43,14370,32136
Lexus IS5.2%$1,491$31,67560,09252
Lexus RX Hybrid5%$2,201$49,88550,17937
Honda Pilot5%$1,313$26,36672,22952
Honda Civic5%$970$22,14954,12968
Lexus RX5%$1,841$39,85253,179142
Toyota Tundra4.9%$1,950$39,94354,41435

Biggest dollar savings by model

Percentages favour cheap cars; this is the same set ranked by dollars off instead.

Largest average dollar discount by model
ModelAvg. discountAvg. $ offMedian priceAvg. milesListings
RAM 25006.2%$2,537$42,02356,38984
GMC Sierra 2500HD5.7%$2,371$45,04690,48120
GMC Yukon6.1%$2,216$39,82085,74647
GMC Yukon XL6.1%$2,207$36,14799,50320
Lexus RX Hybrid5%$2,201$49,88550,17937
Mercedes-Benz E-Class8.3%$2,199$20,13063,35944
Chevrolet Tahoe5.4%$2,179$43,14370,32136
Lexus GX5.6%$2,169$34,81573,66135
Toyota Tundra4.9%$1,950$39,94354,41435
Lexus RX5%$1,841$39,85253,179142

Discounts by state

Where the below-market cars are cheapest relative to their own market value. Minimum 40 listings.

Average discount by state
StateAvg. discountAvg. $ offMedian priceAvg. milesListings
Washington6.8%$2,179$28,79961,23145
California6.7%$1,888$26,49161,619209
Texas6.3%$1,999$31,33764,027196
New York6.1%$1,781$27,90047,73876
Illinois5.8%$1,740$28,91258,96155
Ohio5.6%$1,557$26,26663,16656
Massachusetts5.5%$1,477$27,56155,37245
Pennsylvania5.4%$1,492$24,89056,01467
South Carolina5.3%$1,480$25,30463,83841
Tennessee4.6%$1,394$28,65861,79951
North Carolina4.2%$1,228$26,79862,840101
Virginia3.9%$1,029$26,53963,19096
Georgia3.9%$1,324$30,99859,951101
Maryland3.7%$1,161$27,79145,89944
New Jersey3.5%$900$25,42053,565112

State-by-state rankings

Every state with at least 10 listings, ranked by the median cost per remaining mile (price ÷ miles left to 200,000). Lower is better.

States ranked by median cost per remaining mile, 2026-09-28
RankStateMedian $ per mile leftAvg. discountAvg. $ off400K or 500K ratedListings
1New Jersey$0.173.5%$9001%112
2Pennsylvania$0.185.4%$1,4924%67
3New York$0.186.1%$1,7814%76
4Virginia$0.183.9%$1,0296%96
5Maryland$0.193.7%$1,16116%44
6Wisconsin$0.196.4%$1,8865%19
7Kentucky$0.195%$1,41012%17
8South Carolina$0.195.3%$1,48017%41
9New Hampshire$0.195.3%$1,58911%18
10Florida$0.192%$6465%231
11Kansas$0.195.2%$1,65123%13
12Arizona$0.195%$1,42310%31
13California$0.206.7%$1,88814%209
14Oregon$0.206.5%$1,90613%30
15Ohio$0.205.6%$1,55714%56
16Alabama$0.203.9%$1,18316%25
17Massachusetts$0.205.5%$1,4774%45
18Colorado$0.206.3%$1,8075%22
19Illinois$0.205.8%$1,74011%55
20Indiana$0.216.4%$1,99811%27
21Tennessee$0.214.6%$1,39416%51
22Connecticut$0.214.8%$1,23613%24
23Utah$0.215%$1,52518%17
24North Carolina$0.214.2%$1,22812%101
25Nevada$0.215%$1,4426%16
26Washington$0.226.8%$2,17913%45
27Georgia$0.233.9%$1,32412%101
28Minnesota$0.235.9%$1,77716%32
29Missouri$0.235.3%$1,75719%31
30Texas$0.236.3%$1,99913%196
31Michigan$0.245.8%$1,8620%25
32Oklahoma$0.244.4%$1,66310%20
33West Virginia$0.245%$1,7408%12
34Nebraska$0.245.4%$2,26520%10
35Arkansas$0.256.5%$2,38613%16
36Mississippi$0.256.1%$2,00417%18
37Louisiana$0.265.5%$1,83117%24

Discounts by body type

Average discount by body type
Body typeAvg. discountAvg. $ offMedian priceAvg. milesListings
Wagon7.2%$1,023$13,676107,23532
Sedan5.5%$1,254$21,99662,196371
Truck5.5%$2,197$39,73259,548248
SUV4.7%$1,448$29,29456,9581273
Hatchback4.6%$974$24,19058,07134
Minivan4.4%$1,242$30,77059,87048

Read the van row with care. Commercial vans show roughly double the discount of any other body type, and they dominate the raw list of deepest single discounts. That is most likely a limitation of the valuation model on low-volume commercial vehicles rather than a real buying opportunity — treat it as a flag to look closer, not as a finding.

Discounts by price band

Average discount by price band
GroupAvg. discountAvg. $ offMedian priceAvg. milesListings
$10,000–$15,0008.4%$1,175$12,803116,668160
$15,000–$20,0006.4%$1,228$17,75595,286259
$20,000–$30,0004.4%$1,175$25,13857,320707
$30,000 and up4.3%$1,891$40,16738,482883

Discounts by vehicle age

Average discount by vehicle age
GroupAvg. discountAvg. $ offMedian priceAvg. milesListings
1–3 years old3.6%$1,430$34,65231,0591040
4–6 years old5%$1,613$28,85274,018420
7–9 years old6.6%$1,472$19,17096,040379
10+ years old9.1%$1,611$14,295108,282185

The ten deepest discounts on the board right now

One car per model, so a single over-represented model can't fill the list.

2017 Lexus LS500KMile rating
Top 10 Longest-LastingGreat Deal
2017 Lexus LS
460 RWD · White
10k mi · Fayetteville, NC 9.6 / 10
38.8% reach 250k miles · 190k miles left to 200k
$0.25 per mile of runway
$46,998
$8,242 below market
2015 Ford F-450 Super Duty300KMile rating
Big SavingsGreat Deal
2015 Ford F-450 Super Duty
· Brown
103k mi · Tacoma, WA 8.8 / 10
14.9% reach 250k miles · 97k miles left to 200k
$0.29 per mile of runway
$28,100
$7,917 below market
2023 Mercedes-Benz E-Class250KMile rating
Big SavingsGreat Deal
2023 Mercedes-Benz E-Class
AMG E 53 4MATIC · Black
20k mi · Tyler, TX 8.7 / 10
7% reach 250k miles · 180k miles left to 200k
$0.33 per mile of runway
$59,299
$5,796 below market
2015 Mercedes-Benz G-Class300KMile rating
Big SavingsGreat Deal
2015 Mercedes-Benz G-Class
G 63 AMG 4MATIC · Black
61k mi · Decatur, GA 8.8 / 10
17.3% reach 250k miles · 139k miles left to 200k
$0.41 per mile of runway
$57,108
$4,950 below market
2017 GMC Sierra 2500HD300KMile rating
Big SavingsGreat Deal
2017 GMC Sierra 2500HD
Denali Crew Cab SB 4WD · Summit White
59k mi · Idaho Falls, ID 9.4 / 10
17.2% reach 250k miles · 141k miles left to 200k
$0.32 per mile of runway
$44,790
$4,838 below market
  1. 2017 RAM 2500 Longhorn Mega Cab 4WD — $39,999, $4,806 below market, 124,566 miles, Las Vegas, NV
  2. 2022 Ford F-350 Super Duty Lariat Crew Cab 4WD — $58,882, $4,130 below market, 56,531 miles, Milwaukie, OR
  3. 2021 RAM 3500 Limited Longhorn Mega Cab DRW 4WD — $53,693, $3,997 below market, 87,138 miles, Louisville, KY
  4. 2021 Toyota Sequoia TRD Sport 4WD — $49,363, $3,765 below market, 55,460 miles, Fox Lake, IL
  5. 2023 Lexus GX 460 Luxury AWD — $57,127, $3,538 below market, 37,810 miles, Oakland, CA

Method, and what these numbers do not say

The sample is deliberately one-sided. We only track listings CarGurus rates a "Great Deal" — priced below the expected market value for that year, model, trim and mileage. So "the average discount is 5%" means among cars already known to be below market. It does not mean the average used car is 5% off, and anyone citing it that way is misreading it.

Prices are dealer asking prices, not sale prices, and exclude tax, title and fees. "Expected market price" is CarGurus' own valuation for that vehicle. Mileage, location, and days on market come from the listing. The catalog is re-pulled from scratch on every deploy, so these figures describe live inventory on 2026-09-28, not a historical average. Sample sizes are shown in every table; treat small-n rows with the caution they deserve.

Reuse: these figures are free to quote or republish with a link to the Caboose report page. If you want a cut we haven't published — by metro, by trim, over time — email info@island.direct and we'll run it.