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2015's Best Deals on Used Cars

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.

RankVehicleJune 30 Avg. PriceDifference from Jan. 1Percent Change
1Nissan Leaf$13,071-$3,786-22.5%
2GMC Savana 2500$24,328-$5,811-19.3%
3BMW 528i$33,095-$6,853-17.2%
4BMW 535i$38,668-$6,910-15.2%
5Mercedes-Benz SL-Class$77,574-$11,987-13.4%
6BMW 328i$30,245-$4,408-12.7%
7Smart ForTwo$9,802-$1,321-11.9%
8BMW 550i$43,817-$5,807-11.7%
9Audi A8$54,740-$6,91411.2%
10BMW 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

Gregg Fidan 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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