10 Biggest Used Car Price Drops
December 26, 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 in December hit a new low for 2013, averaging about $700 less than at the start of the year.
On the list of the top 10 price drops are the Mitsubishi Outlander with a 3.5% drop, BWM Z4 with a 2.9% decrease, and Mercedes-Benz E-Class with a drop of 2.9%. On the flipside, the BMW X3, Porsche 911 and GMC Sierra 1500 all increased in price.
Biggest Price Drops
| Vehicle | Dec. Avg. Price | Difference from Nov. | % Change |
|---|---|---|---|
| Mitsubishi Outlander | $18,155.00 | -$668.00 | -3.5% |
| BMW Z4 | $37,581.00 | -$1,108.00 | -2.9% |
| Mercedes-Benz E-Class | $37,311.00 | -$1,100.00 | -2.9% |
| BMW 128i | $24,723.00 | -$729.00 | -2.9% |
| Infiniti M37 | $31,624.00 | -$923.00 | -2.8% |
| Mercury Mariner | $16,883.00 | -$482.00 | -2.7% |
| Kia Sedona | $17,413.00 | -$479.00 | -2.7% |
| Mercury Milan | $14,615.00 | -$403.00 | -2.7% |
| Kia Rio | $11,850.00 | -$326.00 | -2.7% |
| Ford Flex | $22,529.00 | -$612.00 | -2.6% |
Biggest Price Increases
| Vehicle | Dec. Avg. Price | Difference from Nov. | % Change |
|---|---|---|---|
| BMW X3 | $32,493.00 | $330.00 | 1.0% |
| Porsche 911 | $94,882.00 | $527.00 | 0.6% |
| GMC Sierra 1500 | $29,001.00 | $58.00 | 0.2% |
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.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
Get My Free Weekly Advice on Car Buying
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
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.
Latest Weekly Car Buying Tips
RSS Feed
August 16, 2018
August 9, 2018
August 2, 2018
July 26, 2018
July 19, 2018
July 12, 2018
July 5, 2018
June 28, 2018
June 21, 2018
June 14, 2018
June 7, 2018
May 31, 2018
May 24, 2018
May 17, 2018
May 10, 2018
May 3, 2018
April 26, 2018
April 19, 2018
April 12, 2018
April 5, 2018
March 29, 2018
March 22, 2018
March 15, 2018
March 8, 2018
March 1, 2018
February 22, 2018
February 15, 2018
February 8, 2018
February 1, 2018