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10 Biggest Used Car Price Drops
February 27, 2014
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, the average price for a late-model used car in February rose slightly -- by $12 -- to $23,249 compared to January.
If you're in the market for a luxury car, you're in luck as the largest price drops were in that area. The Cadillac DTS had the largest price decrease, dropped 3.6% from January. Following closely behind is the Mercedes-Benz CLS-Class with a 3.5% price drop, and the Acura TL with a 3.4% decrease.
On the flipside, the Ford F-250, Mercedes-Benz SL-Class and BWM 740i all saw the largest increase in price over January's sales.
If you're considering any of these cars, remember to use TrueCar Pre-Negotiated Prices to find local dealers who are most willing to negotiate on these vehicles.
Biggest Price Drops
Vehicle | Feb. Avg. Price | Difference from Jan. | % Change |
---|---|---|---|
Cadillac DTS | $27,634 | -$1,025 | -3.6% |
Mercedes-Benz CLS-Class | $59,830 | -$2,143 | -3.5% |
Acura TL | $28,409 | -$1,011 | -3.4% |
BMW X3 | $36,160 | -$1,233 | -3.3% |
Lincoln MKS | $28,050 | -$923 | -3.2% |
Chevrolet Volt | $25,811 | -$803 | -3% |
Ford C-Max Hybrid | $23,349 | -$703 | -2.9% |
BMW 535i | $40,327 | -$1,097 | -2.6% |
Buick Lucerne | $19,873 | -$511 | -2.5% |
Cadillac CTS | $31,651 | -$790 | -2.4% |
Biggest Price Increases
Vehicle | Feb. Avg. Price | Difference from Jan. | % Change |
---|---|---|---|
Ford E-250 | $21,398 | $605 | 2.9% |
Mercedes-Benz SL-Class | $80,602 | $924 | 1.2% |
BMW 740i | $52,354 | $644 | 1.2% |
Honda Insight | $15,294 | $177 | 1.2% |
Toyota Sequoia | $42,032 | $459 | 1.1% |
Volkswagen Beetle | $18,792 | $197 | 1.1% |
Nissan Titan | $26,476 | $255 | 1% |
Hyundai Azera | $22,612 | $232 | 1% |
Chevrolet Express 2500 | $22,612 | $232 | 1% |
Honda Accord Crosstour | $21,229 | $184 | 0.9% |
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