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 and RydeShopper 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
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
May 28, 2020
May 21, 2020
May 14, 2020
May 7, 2020
April 30, 2020
April 23, 2020
April 16, 2020
April 9, 2020
April 2, 2020
March 26, 2020
March 19, 2020
March 12, 2020
March 5, 2020
February 27, 2020
February 20, 2020
February 13, 2020
February 6, 2020
January 30, 2020
January 23, 2020
January 16, 2020
January 9, 2020
January 2, 2020