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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 RydeShopper 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, 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

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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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