10 Biggest Used Car Price Drops

As with everything that's for sale, prices can fluctuate. And when it comes to used cars, those prices can fluctuate by a great deal. According to Cars.com, for the third month in a row the average price for a late-model used car declined. In July, the average price dropped 0.78% to $22,919, bringing it down to below $23,000 for the first time in 2014.

July's biggest price drop was topped by an alternative-fuel vehicle. The Hyundai Sonata Hybrid saw the largest decline with a $653 price drop (3.2%) in July. In second place was the Lincoln MKZ with a 3.1% drop, and third was the Land Rover Range Rover with a 2.9% decline.

As for those with the biggest price increases, the Nissan Quest took the top spot in July with a price increase of $290 (1.3%). Rounding out the top three increases were the BMW M3 with a 1.1% increase and Ford E-350 Super Duty that rose 1%.

If you're currently shopping for a vehicles, I recommend you use TrueCar No Haggle, CarsDirect and NADAGuides to see the best prices in your local area.

Biggest Price Drops

Biggest Price Increases