Biggest Price Drops on Popular Used Cars
Some popular models have seen their prices drop by as much as 15%.
CarGurus believes prices are set to rise again beginning next year, so if you're in the market for a used car, you need to act soon.
Here are the largest price drops in the past 3 months on the most popular used vehicles.
Vehicle Type | Year/Model | Price on 9/9/11* | Price on 12/9/11* | Price Change |
Small/Midsize Cars |
2007 Toyota Prius | $17,902 | $15,269 | -15% ($2,633) |
2007 Hyundai Accent | $9,714 | $8,678 | -13% ($1,349) |
|
2008 Ford Focus | $13,822 | $12,302 | -11% ($1,520) |
|
2008 Honda Civic | $16,632 | $14,837 | -11% ($1,798) |
|
2007 Volkswagen Jetta | $15,186 | $13,563 | -11% ($1,623) |
|
2008 Hyundai Elantra | $12,945 | $11,646 | -10% ($1,299) |
|
2007 Mazda Mazda3 | $13,575 | $12,249 | -10% ($1,326) |
|
2006 Toyota Corolla | $11,764 | $10,685 | -10% ($1,199) |
|
Minivans and SUVs | 2007 Kia Sedona | $13,599 | $12,147 | -11% ($1,452) |
2008 Dodge Grand Caravan | $16,925 | $15,312 | -10% ($1,613) |
|
2008 Ford Escape Hybrid | $20,302 | $18,331 | -10% ($1,901) |
|
2006 Lincoln Navigator | $20,543 | $18,521 | -10% ($2,022) |
*The prices noted above are an average of thousands of listings analyzed by CarGurus, including cars with different trims, mileage and options.
Current market value for specific trims, mileage and options in any given zip code can be found at (CarGurus.com/dealfinder)
My Recommendation for Car Shoppers
TrueCar No-Haggle, CarsDirect, and Ryde Shopper 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
About The Author

Latest Weekly Car Buying Tips
April 2021
- Top 100 Cheapest Lease Deals Apr 15, 2021
- Biggest Discounts on New Cars Apr 15, 2021
- Real Prices of Compact Cars Apr 15, 2021
- Largest Hidden Dealer Rebates Apr 15, 2021
- Best Bang for Your Buck Lease Deals Apr 08, 2021
- Best Electric, Hybrid Lease Deals Apr 08, 2021
- Best 0% Finance Deals March 2021 Apr 08, 2021
- Real Prices of New Compact SUVs Apr 08, 2021
- Top 100 Cheapest New Cars Apr 01, 2021
- Real Prices of Large SUVs Apr 01, 2021
- New Cars You Should Wait to Buy Apr 01, 2021
- Luxury Lease Deals Under $500/mo Apr 01, 2021
March 2021
- Best Car Deals by Category Mar 25, 2021
- Worst Cars to Lease Right Now Mar 25, 2021
- Which Cars Better to Lease or Buy Mar 25, 2021
- Real Prices of Midsize Cars Mar 25, 2021
- Best Car Deals Around the Country Mar 18, 2021
- Cars With the Largest Rebates Mar 18, 2021
- Price Comparison of Subcompact SUVs Mar 18, 2021
- Real Prices of Midsize SUVs Mar 11, 2021
- Real Prices of Pickup Trucks Mar 04, 2021
- Biggest Discounts on Leftover Models Mar 04, 2021
December 2020
- Best End of Year Car Deals Dec 31, 2020
- Real Prices of Midsize Luxury Cars Dec 24, 2020
- Real Prices of Small Luxury SUVs Dec 17, 2020