CHARLOTTE, N.C. -

In its newest study of used-vehicle sales, LendingTree analyzed more than 600,000 auto-finance queries from prospective contract holders in the top 100 U.S. metro areas based on population.

Analysts found the city with residents financing the oldest used vehicle on average worked with providers adding units into their portfolio that were nearly 8 years old.

Topping this LendingTree list was Spokane, Wash., pushing the previous top city — Portland, Ore. — to 10th place. Vehicles in that eastern Washington city were 7.66 years old on average.

Coming in at No. 2 was Wichita, Kan., where the average age of used vehicles was 6.96 years, following by Ogden, Utah, with an average age of 6.80.

Conversely, LendingTree found that consumers in San Jose, Calif., in heart of the wealthy Silicon Valley, who are taking on auto financing prefers the newer used vehicles. The average there came in at 3.54 years.

Analysts noticed financed used-vehicle buyers in Miami also settled below the 4-year mark with used vehicles there being 3.85 years on average.

Across the board, LendingTree discovered the average age of vehicles for which people are seeking financing has dropped from 6 years in 2018 to 5.34 years in its latest data.

Those top 25 cities financing the oldest vehicles according to LendingTree’s research included:

1. Spokane, Wash.
2. Wichita, Kan.
3. Ogden, Utah
4. Knoxville, Tenn.
5. Colorado Springs, Colo.
6. Greenville, S.C.
7. Boise City, Idaho
8. Tulsa, Okla.
9. Chattanooga, Tenn.
10. Portland, Ore.
11. Winston-Salem, N.C.
12. Albuquerque, N.M.
13. Salt Lake City
14. Grand Rapids, Mich.
15. Dayton, Ohio
16. Des Moines, Iowa
17. Columbia, S.C.
18. Virginia Beach, Va.
19. Bakersfield, Calif.
20. Greensboro, N.C.
21. Kansas City, Mo.
22. Augusta, Ga.
23. Louisville, Ky.
24. Omaha, Neb.
25. Scranton, Pa.