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, RydeShopper, and CarsDirect are the best 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
October 15, 2020
October 8, 2020
October 1, 2020
September 24, 2020
September 17, 2020
September 10, 2020
September 3, 2020