RealCarTips Logo

Best & Worst Used Car Values

August 25, 2016

If you're looking for the best deal on a used car, you should be focusing on the subcompact models - that's according to Used Vehicle Market Report, which came out this week.

Prices in the sub-compact segment were down over 6% compared to a year ago, while other used car segments such as compact pickup trucks actually increased by over 10%.

Take a look at the best and worst used car segments below.

As always, if you're shopping for a new car right now, I recommend you use TrueCar and Edmunds Price Promise to quickly see the best deals being offered in your area.

Best Used Car Values

Vehicle SegmentAvg Price Q2 2015Avg Price Q2 2016Q2 2016 vs. Q2 2015
Subcompact Car$12,233$11,461-6.30%
Compact Car$12,397$12,153-2.00%
Midsize Car$14,039$13,892-1.00%
Large Crossover SUV$22,310$22,182-0.60%
Premium Luxury Car$45,291$45,4420.30%

Worst Used Car Values

Vehicle SegmentAvg Price Q2 2015Avg Price Q2 2016Q2 2016 vs. Q2 2015
Compact Truck$17,235$18,97810.10%
Large Traditional SUV$24,652$26,8528.90%
Premium Luxury SUV$37,626$40,5317.70%
Midsize Traditional SUV$20,883$22,4777.60%
Large Car$14,249$15,3157.50%

My Recommendation for Car Shoppers

TrueCar and Edmunds 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

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
Enter Your Email Below

(Absolutely NO SPAM, easy to unsubscribe)

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.

Latest Weekly Car Buying Tips    RSS Feed

October 10, 2019
October 3, 2019
September 26, 2019
September 19, 2019
September 12, 2019
September 5, 2019
August 29, 2019
August 22, 2019
August 15, 2019
August 8, 2019
August 1, 2019
July 25, 2019
July 18, 2019
July 11, 2019
July 4, 2019
June 27, 2019
June 20, 2019
June 13, 2019
June 6, 2019
May 30, 2019
May 23, 2019
May 16, 2019
I welcome your car buying questions. Email Me and I'll be glad to answer them!