The Best Deals on Used SUVs
In the market to purchase an SUV? To maximize savings, you
should consider buying a 3-to-5 year old used model. There
are currently some great deals on 2008-2010 models, like the Toyota
RAV4, Honda CR-V and Subaru Forester.
Consumer Reports has put together a list this week of what they consider the best deals for used SUVs in these model years, all of which are under $25,000. Be sure to include these models on your consideration list.
|Vehicle||Dealer Avg Price||MSRP (new)||Drop in Retail Value vs. MSRP|
|2008 Mitsubishi Outlander||$11,919||$23,125||49%|
|2008 Nissan Rogue||$13,125||$20,560||36%|
|2009 Nissan Rogue||$14,838||$21,615||31%|
|2008 Toyota RAV4||$14,875||$25,182||41%|
|2010 Mitsubishi Outlander||$15,921||$24,313||35%|
|2008 Honda CR-V||$16,217||$23,650||32%|
|2008 Subaru Forester||$16,513||$25,262||35%|
|2009 Honda CR-V||$17,229||$24,195||29%|
|2009 Mazda CX-9||$17,525||$29,820||41%|
|2009 Subaru Forester||$17,821||$25,178||29%|
|2010 Toyota RAV4||$18,942||$25,725||26%|
|2008 Honda Pilot||$19,094||$32,178||41%|
|2010 Mazda CX-9||$20,388||$29,505||31%|
|2009 Toyota Highlander||$20,700||$29,050||29%|
|2009 Toyota Venza||$21,194||$27,613||23%|
|2008 Toyota Highlander||$21,544||$32,325||33%|
|2009 Acura RDX||$23,100||$37,195||38%|
|2008 Acura MDX||$23,870||$44,715||47%|
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe 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 NetworkSelect 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).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, 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 ChecklistFollow 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