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10 Biggest Used Car Price Drops

October 31, 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, overall used car prices held steady in October, however, used luxury-car prices continued to decrease for a third month in a row.

On the list of the top 10 price drops are the Nissan Quest with a 3.6% drop, BWM Z4 with a 3.4% decrease, and Land Rover Range Rover with a drop of 3.2%. On the flipside, the Infiniti QX56, Toyota Tundra, and GMC Sierra 1500 all increased in price. Below is a look at the top 10 price increases and decreases on used cars.

For the lowest possible price, make sure to use the free CarWoo Deal Finder. And be sure to check out TrueCar Pre-Negotiated Prices to compare real prices where you live.

10 Biggest Price Drops

VehicleOct. Avg. PriceDifference From Sept.% Change
Nissan Quest$22,979-$848-3.6%
BMW Z4$40,129-$1,395-3.4%
Land Rover Range Rover$60,367-$1,975-3.2%
Infiniti M37$33,677-$1,010-2.9%
Mini Cooper S$21,066-$576-2.7%
Volkswagen Passat$19,344-$593-2.7%
BMW 128i$26,298-$712-2.6%
Chrysler Sebring$13,215-$335-2.5%
Mitsubishi Outlander Sport$17,717-$409-2.3%
Chevrolet Capitva Sport$19,920-$440-2.2%

10 Biggest Price Increases

VehicleOct. Avg. PriceDifference From Sept.% Change
Infiniti QX56$49,852$7011.4%
Toyota Tundra$3,071$2440.8%
GMC Sierra 1500$29,049$1060.4%
Lexus LS 460$47,014$1400.3%
GMC Sierra 2500$38,743$1090.3%
Mazda Mazda5$16,065$420.3%
Ford E-350 Super Duty$21,700$370.2%
Cadillac Escalade ESV$51,386$630.1%
Mercedes-Benz GL-Class$48,913$310.1%
Subaru Legacy$19,072$120.1%

My Recommendation for Car Shoppers

TrueCar, 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.

New York Tri-State Residents - Important:

There is a new car leasing service called Carvoy, available to NY tri-state area residents, which I recommend you try - especially if you hate the stress of haggling with car dealerships. Carvoy provides pre-negotiated lease deals, calculated with taxes and all fees incuded so you know exactly what it will cost. Here is my list of Best Carvoy deals, updated each month.

- Gregg Fidan

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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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