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New Cars with the Largest Price Drops From Last Year

Good news for car buyers. According to Kelley Blue Book, new car prices are an average of $500 more affordable today compared to the same time last year.

Low inventory levels are not as big a problem as they were this time last year, meaning there's more supply of popular vehicles overall. The average Honda today is selling for nearly $1,200 less than last year while the Toyota Prius is $2,500 more affordable.

Whereas consumers were paying close to MSRP on some of these models last year, you can now get them deeply discounted. Here are the vehicles that have seen the greatest year-over-year price drop.

To ensure the maximum discount, I recommend you use the RydeShopper

MakeModelTrimMSRP June 2011 June 2012Price Change
ToyotaPriusOne Hatchback $23,775 $25,150 $22,650 ($2,500)
ToyotaHighlanderSport Utility $31,655 $31,500 $29,500 ($2,000)
HondaCivicLX Sedan $18,795 $18,800 $17,250 ($1,550)
HondaAccordLX Sedan $23,050 $21,800 $20,350 ($1,450)
ToyotaCorollaLE Sedan $18,670 $18,600 $17,200 ($1,400)
NissanSentraSedan $17,210 $17,250 $16,000 ($1,250)
MazdaMAZDA3i Sport Sedan $17,640 $17,300 $16,100 ($1,200)
MazdaMAZDA6i Sport Sedan $22,275 $21,000 $19,950 ($1,050)
NissanMaximaS Sedan$33,200 $31,700 $30,650 ($1,050)

3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:

Step 1 Get Prices From My Trusted Network

Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.

Step 3 Complete my Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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About The Author

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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