The Best Deals on Used Compact SUVs
As we reported last week, used car prices are set to hit rock bottom this month.
If you've been considering a used compact SUV, you need to check out the following list compiled by Consumer Reports.
They researched current deals on 2006 - 2008 models that have ranked well in reliability.
The previous owners have already taken the large depreciation hit that comes with the first few years of ownership.
The list includes average retail prices you can expect to pay at a dealership. Some of the vehicles have depreciated as much as 40% compared to their original MSRP - so you're saving a lot of money here.
Keep in mind these are dealer prices - you should be able to get an even better deal if you buy from a private party.
|Make & model||Mileage||MSRP when new||Dealer Price||Drop in Price vs. MSRP|
|2007 Hyundai Tucson||66,000||$23,845||$14,800||38%|
|2006 Subaru Forester X||75,000||24,945||15,050||40%|
|2007 Subaru Forester X||66,000||21,995||15,475||30%|
|2008 Mitsubishi Outlander LS||51,000||23,970||15,700||35%|
|2006 Toyota RAV4 Ltd||75,000||25,870||16,125||38%|
|2007 Toyota RAV4
|2006 Honda CR-V SE||75,000||25,450||16,725||34%|
|2008 Subaru Forester X||51,000||22,495||17,825||21%|
|2007 Honda CR-V EX
|2008 Nissan Rogue SL||51,000||21,870||18,025||18%|
|2008 Acura RDX||51,000||33,195||23,700||29%|
My Recommendation for Car ShoppersTrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
California Residents - Important:There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.
- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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