Used Cars With the Biggest Price Drops
May 2, 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 deal.
According to Cars.com, late-model used car prices saw a 0.21% increase in April, after seeing declines for the last two months.
On the list of the top 10 price drops are the GMC Canyon (18% drop), Jeep Wrangler (7% drop), and Fiat 500 (6% drop). On the flipside, there's also some late-model used cars that have gone up in price, such as the Chevrolet Suburban (up 19%) and Kia Sedona (up 10%). Below is a look at the top 10 price increases and decreases on used cars.
10 Biggest Price Drops
| Vehicle | Mar. Average Price | Difference from Feb. | % Change |
|---|---|---|---|
| GMC Canyon | $21,664 | -$4,671 | -18% |
| Jeep Wrangler | $25,528 | -$1,874 | -7% |
| Fiat 500 | $15,817 | -$997 | -6% |
| Mitsubishi Lancer | $16,914 | -$765 | -4% |
| Volkswagen Beetle | $18,699 | -$698 | -4% |
| Jaguar XF | $40,402 | -$1,287 | -3% |
| Acura MDX | $35,515 | -$1,211 | -3% |
| Infiniti M37 | $37,667 | -$1,143 | -3% |
| Mercedes-Benz C-Class | $31,902 | -$1,137 | -3% |
| Volkswagen CC | $22,047 | -$771 | -3% |
10 Biggest Price Increases
| Vehicle | Mar. Average Price | Difference from Feb. | % Change |
|---|---|---|---|
| Chevrolet Suburban | $43,407 | $6,980 | 19% |
| Kia Sedona | $19,799 | $1,858 | 10% |
| Lexus ES 350 | $33,417 | $2,877 | 9% |
| Chevrolet Tahoe | $37,824 | $1,938 | 5% |
| Ford E250 | $19,347 | $776 | 4% |
| Scion xB | $15,709 | $562 | 4% |
| Chevrolet Corvette | $56,525 | $1,643 | 3% |
| Ford Mustang | $27,841 | $821 | 3% |
| Volkswagen Routan | $23,027 | $675 | 3% |
| Scion tC | $17,292 | $537 | 3% |
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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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
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