10 Biggest Used Car Price Drops
March 28, 2013
As with everything that's for sale, prices can fluctuate. And when it comes to used cars, those prices can fluctuate by a great amount. According to Cars.com, late-model used car prices saw a slight decline in March, with the average asking price falling by $31 to $22,619 from the month before.
On the list of the top 10 price drops are the BMW X5 (9% drop), Subaru Impreza (6% drop), and Mitsubishi Endeavor (6% drop). On the flipside, there's some late-model used cars that have gone up in price, such as the GMC Canyon (up 21%) and Chevrolet Express 3500 (up 8%). Below is a look at the top 10 price increases and decreases on used cars over the last 30 days.
Be sure to check out the Used Car Classifieds to get an idea of what these vehicles are selling for in your local area.
Top 10 Biggest Price Drops
| Vehicle | Mar. Average Price | Difference from Feb. | % Change |
|---|---|---|---|
| BMW X5 | $44,901 | -$4,511 | -9% |
| Subaru Impreza | $21,918 | -$1,299 | -6% |
| Mitsubishi Endeavor | $16,878 | -$993 | -6% |
| Cadillac Escalade ESV | $57,019 | -$2,143 | -4% |
| Chevrolet Suburban | $36,427 | -$1,575 | -4% |
| BMW 528i | $36,305 | -$1,300 | -3% |
| Cadillac CTS | $34,193 | -$1,055 | -3% |
| Buick Enclave | $30,891 | -$982 | -3% |
| BMW 128i | $27,104 | -$879 | -3% |
| Kia Forte Koup | $15,739 | -$534 | -3% |
Top 10 Biggest Price Increases
| Vehicle | Mar. Average Price | Difference from Feb. | % Change |
|---|---|---|---|
| GMC Canyon | $26,335 | $4,509 | 21% |
| Chevrolet Express 3500 | $23,470 | $1,791 | 8% |
| Jeep Wrangler | $27,402 | $1,806 | 7% |
| Kia Sedona | $17,941 | $713 | 4% |
| BMW 535i | $42,292 | $1,172 | 3% |
| Toyota Tundra | $23,143 | $801 | 3% |
| Dodge Charger | $23,486 | $743 | 3% |
| Chevrolet Captiva Sport | $21,632 | $553 | 3% |
| Chrysler 300 | $24,004 | $510 | 2% |
| Nissan Rogue | $19,238 | $387 | 2% |
My Recommendation for Car Shoppers
TrueCar No-Haggle, CarsDirect, and NADAGuides are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. 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 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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