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2015's Best Deals on Used Cars
July 30, 2015
If you're in the market for a late model used car, I've got good news for you -- industry insiders say now is a great time to buy!
According to a recent report from Cars.com, the average asking price for 2012 to 2014 model-year used cars fell about 0.63% during the first half of 2015.
Cars.com also released their top 10 list of 2012-2014 used cars with the most significant price drops from January to June 2015. Although the list is dominated by BMW with five of the 10 vehicles on the list, the number one spot was taken by the Nissan Leaf, which dropped in price by 22.5%. Also on the list is the GMC Savana 2500, Mercedes-Benz SL-Class, and Smart ForTwo. Below is the full top 10 list of best used car deals.
And for even more savings, I recommend you use TrueCar No Haggle and CarsDirect to quickly see the lowest prices available on used vehicles in your area.
Rank | Vehicle | June 30 Avg. Price | Difference from Jan. 1 | Percent Change |
---|---|---|---|---|
1 | Nissan Leaf | $13,071 | -$3,786 | -22.5% |
2 | GMC Savana 2500 | $24,328 | -$5,811 | -19.3% |
3 | BMW 528i | $33,095 | -$6,853 | -17.2% |
4 | BMW 535i | $38,668 | -$6,910 | -15.2% |
5 | Mercedes-Benz SL-Class | $77,574 | -$11,987 | -13.4% |
6 | BMW 328i | $30,245 | -$4,408 | -12.7% |
7 | Smart ForTwo | $9,802 | -$1,321 | -11.9% |
8 | BMW 550i | $43,817 | -$5,807 | -11.7% |
9 | Audi A8 | $54,740 | -$6,914 | 11.2% |
10 | BMW Z4 | $37,635 | -$4,737 | -11.2% |
3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:Step 1 Get Prices From My Trusted Network
Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).Select Vehicle to Get Local Pricing
Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.Step 3 Complete my Checklist
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

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