Find the Best Car Deals Near You ⤵
10 Biggest Used Car Price Drops
February 18, 2016
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, BMW had a number of vehicles with big price drops in January, including the BMW 740i with the largest price drop last month of 5.9%, as well as the BMW 750i and 528i (both with 4% price drops) and BMW 535i (-2.8%).
On the flip side, the GMC Savana 2500 experienced the largest price increase in January, with used car prices raising 3.9%. Other big used car price increasers included the Nissan Murano (+2.9%), Lincoln MKT (+2.1%), and Hyundai Genesis (+1.5%).
If you're currently shopping for a car, I recommend you use TrueCar No Haggle and CarsDirect to see the best prices being offered in your local area.
Biggest Used Car Price Drops
| Vehice | Avg. Jan. Price | Difference from Dec. | % Change |
|---|---|---|---|
| BMW 740i | $47,550 | -$2,960 | -5.9% |
| Mercedes-Benz SL-Class | $68,931 | -$3,034 | -4.2% |
| BMW 750i | $56,023 | -$2,358 | -4.0% |
| BMW 528i | $36,829 | -$1,539 | -4.0% |
| Audi A8 | $53,950 | -$2,136 | -3.8% |
| Mini Cooper Hardtop | $19,925 | -$717 | -3.5% |
| Audi A6 | $36,789 | -$1,260 | -3.3% |
| Volksagen Tiguan | $20,276 | -$655 | -3.1% |
| Infiniti Q40 | $28,513 | -$893 | -3.0% |
| BMW 535i | $40,726 | -$1,190 | -2.8% |
Biggest Used Car Price Increases
| Vehice | Avg. Jan. Price | Difference from Dec. | % Change |
|---|---|---|---|
| GMC Savana 2500 | $24,196 | $918 | 3.9% |
| Nissan Murano | $25,461 | $709 | 2.9% |
| Ford Edge | $25,141 | $566 | 2.3% |
| Lincoln MKT | $31,768 | $650 | 2.1% |
| Infiniti QX80 | $57,894 | $951 | 1.7% |
| Ford Expedition EL | $38,214 | $560 | 1.5% |
| Hyundai Genesis | $29,208 | $437 | 1.5% |
| Lincoln Navigator | $44,795 | $540 | 1.2% |
| Infiniti FX37 | $32,130 | $395 | 1.2% |
| Nissan Xterra | $22,740 | $262 | 1.2% |
Signup for The Weekly Newsletter
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
November 2023
- Biggest Price Drops on New Cars (Fall 2023) Nov 30, 2023
- Best Car Deals Around the Country Nov 30, 2023
- Cheapest Luxury Lease Deals Nov 30, 2023
- Real Prices of Pickup Trucks Nov 30, 2023
- Top 100 Cheapest Lease Deals Nov 23, 2023
- Best Black Friday Car Deals Nov 23, 2023
- New Cars with the Most Available Inventory Nov 23, 2023
- Real Prices of Midsize SUVs Nov 23, 2023
- Worst Cars to Lease Right Now Nov 16, 2023
- Cars With the Largest Rebates Nov 16, 2023
- Which Cars Better to Lease or Buy Nov 16, 2023
- Real Prices of Large SUVs Nov 16, 2023
- Best 0% Finance Deals November 2023 Nov 09, 2023
- Best Bang for Your Buck Lease Deals Nov 09, 2023
- Best Electric, Hybrid Lease Deals Nov 09, 2023
- Real Prices of Compact Cars Nov 09, 2023
- Biggest Discounts on New Cars Nov 02, 2023
- Best Car Deals by Category Nov 02, 2023
- Price Comparison of Subcompact SUVs Nov 02, 2023
- New Cars You Should Wait to Buy Nov 02, 2023
October 2023
- Real Prices of New Compact SUVs Oct 26, 2023
- Top 100 Cheapest New Cars for 2023 Oct 19, 2023
- Real Prices of Midsize Cars Oct 19, 2023
I welcome your car buying questions. Email Me and I'll be glad to answer them!
