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)
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
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
April 2025
- All SUV Lease Deals Compared April 2025 Apr 24, 2025
- Best Car Deals Around the Country Apr 24, 2025
- Real Prices of New Compact SUVs Apr 24, 2025
- Largest Hidden Dealer Rebates Apr 24, 2025
- Top 100 Cheapest Lease Deals Apr 17, 2025
- Biggest Discounts on New Cars March 2025 Apr 17, 2025
- Cars With the Largest Rebates Apr 17, 2025
- Real Prices of Midsize SUVs Apr 17, 2025
- Best 0% Finance Deals April 2025 Apr 10, 2025
- Best Bang for Your Buck Lease Deals Apr 10, 2025
- Best Electric, Hybrid Lease Deals Apr 10, 2025
- Real Prices of Large SUVs Apr 10, 2025
- Best Car Deals by Category Apr 03, 2025
- Worst Cars to Lease Right Now Apr 03, 2025
- Top 100 Cheapest New Cars Right Now Apr 03, 2025
- Real Prices of Pickup Trucks Apr 03, 2025
March 2025
- New Cars with the Most Available Inventory Mar 27, 2025
- Price Comparison of Subcompact SUVs Mar 27, 2025
- Which Cars Better to Lease or Buy Mar 20, 2025
- Real Prices of Midsize Cars Mar 20, 2025
- Real Prices of Compact Cars Mar 13, 2025
- List of New Cars Most Affected by Tariffs Mar 06, 2025
