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Used Cars With the Biggest Price Drops

May 2, 2013

As with everything that's for sale, prices can fluctuate. And when it comes to used cars, those prices can fluctuate by a great deal. According to Cars.com, late-model used car prices saw a 0.21% increase in April, after seeing declines for the last two months.

On the list of the top 10 price drops are the GMC Canyon (18% drop), Jeep Wrangler (7% drop), and Fiat 500 (6% drop). On the flipside, there's also some late-model used cars that have gone up in price, such as the Chevrolet Suburban (up 19%) and Kia Sedona (up 10%). Below is a look at the top 10 price increases and decreases on used cars.

10 Biggest Price Drops

VehicleMar. Average PriceDifference from Feb.% Change
GMC Canyon$21,664-$4,671-18%
Jeep Wrangler$25,528-$1,874-7%
Fiat 500$15,817-$997-6%
Mitsubishi Lancer$16,914-$765-4%
Volkswagen Beetle$18,699-$698-4%
Jaguar XF$40,402-$1,287-3%
Acura MDX$35,515-$1,211-3%
Infiniti M37$37,667-$1,143-3%
Mercedes-Benz C-Class$31,902-$1,137-3%
Volkswagen CC$22,047-$771-3%

10 Biggest Price Increases

VehicleMar. Average PriceDifference from Feb.% Change
Chevrolet Suburban$43,407$6,98019%
Kia Sedona$19,799$1,85810%
Lexus ES 350$33,417$2,8779%
Chevrolet Tahoe$37,824$1,9385%
Ford E250$19,347$7764%
Scion xB$15,709$5624%
Chevrolet Corvette$56,525$1,6433%
Ford Mustang$27,841$8213%
Volkswagen Routan$23,027$6753%
Scion tC$17,292$5373%

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My Recommendation for Car Shoppers

TrueCar No-Haggle and Edmunds Price Promise 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.
- Gregg Fidan

Gregg Fidan

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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