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Good news for car buyers. According to Kelley Blue Book, new car prices are an average of $500 more affordable today compared to the same time last year.
Low inventory levels are not as big a problem as they were this time last year, meaning there's more supply of popular vehicles overall. The average Honda today is selling for nearly $1,200 less than last year while the Toyota Prius is $2,500 more affordable.
Whereas consumers were paying close to MSRP on some of these models last year, you can now get them deeply discounted. Here are the vehicles that have seen the greatest year-over-year price drop.
To ensure the maximum discount, I recommend you use the CarWoo Deal Finder
| Make | Model | Trim | MSRP | June 2011 | June 2012 | Price Change |
|---|---|---|---|---|---|---|
| Toyota | Prius | One Hatchback | $23,775 | $25,150 | $22,650 | ($2,500) |
| Toyota | Highlander | Sport Utility | $31,655 | $31,500 | $29,500 | ($2,000) |
| Honda | Civic | LX Sedan | $18,795 | $18,800 | $17,250 | ($1,550) |
| Honda | Accord | LX Sedan | $23,050 | $21,800 | $20,350 | ($1,450) |
| Toyota | Corolla | LE Sedan | $18,670 | $18,600 | $17,200 | ($1,400) |
| Nissan | Sentra | Sedan | $17,210 | $17,250 | $16,000 | ($1,250) |
| Mazda | MAZDA3 | i Sport Sedan | $17,640 | $17,300 | $16,100 | ($1,200) |
| Mazda | MAZDA6 | i Sport Sedan | $22,275 | $21,000 | $19,950 | ($1,050) |
| Nissan | Maxima | S Sedan | $33,200 | $31,700 | $30,650 | ($1,050) |
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