Best & Worst Used Car Values
August 25, 2016
If you're looking for the best deal on a used car, you should be focusing on the subcompact models - that's according to Edmunds.com Used Vehicle Market Report, which came out this week.
Prices in the sub-compact segment were down over 6% compared to a year ago, while other used car segments such as compact pickup trucks actually increased by over 10%.
Take a look at the best and worst used car segments below.
As always, if you're shopping for a new car right now, I recommend you use TrueCar No Haggle, CarsDirect and NADAGuides to quickly see the best deals being offered in your area.
Best Used Car Values
| Vehicle Segment | Avg Price Q2 2015 | Avg Price Q2 2016 | Q2 2016 vs. Q2 2015 |
|---|---|---|---|
| Subcompact Car | $12,233 | $11,461 | -6.30% |
| Compact Car | $12,397 | $12,153 | -2.00% |
| Midsize Car | $14,039 | $13,892 | -1.00% |
| Large Crossover SUV | $22,310 | $22,182 | -0.60% |
| Premium Luxury Car | $45,291 | $45,442 | 0.30% |
| Overall | $18,854 | $19,367 | 2.70% |
Worst Used Car Values
| Vehicle Segment | Avg Price Q2 2015 | Avg Price Q2 2016 | Q2 2016 vs. Q2 2015 |
|---|---|---|---|
| Compact Truck | $17,235 | $18,978 | 10.10% |
| Large Traditional SUV | $24,652 | $26,852 | 8.90% |
| Premium Luxury SUV | $37,626 | $40,531 | 7.70% |
| Midsize Traditional SUV | $20,883 | $22,477 | 7.60% |
| Large Car | $14,249 | $15,315 | 7.50% |
| Overall | $18,854 | $19,367 | 2.70% |
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
Signup for The Weekly Newsletter
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
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.
Latest Weekly Car Buying Tips
August 2021
- Best Bang for Your Buck Lease Deals Aug 05, 2021
- Best Electric, Hybrid Lease Deals Aug 05, 2021
- Best 0% Finance Deals August 2021 Aug 05, 2021
- Real Prices of Midsize Cars Aug 05, 2021
July 2021
- Worst Cars to Lease Right Now Jul 29, 2021
- Best Car Deals by Category Jul 29, 2021
- New Cars You Should Wait to Buy Jul 29, 2021
- Real Prices of Pickup Trucks Jul 29, 2021
- Top 100 Cheapest Lease Deals Jul 22, 2021
- Which Cars Better to Lease or Buy Jul 22, 2021
- Biggest Discounts on New Cars Jul 22, 2021
- Real Prices of Large SUVs Jul 22, 2021
- Best Car Deals Around the Country Jul 15, 2021
- Cars With the Largest Rebates Jul 15, 2021
- Price Comparison of Subcompact SUVs Jul 15, 2021
- Largest Hidden Dealer Rebates Jul 15, 2021
- Real Prices of Large SUVs Jul 08, 2021
- Best Car Deals for 4th of July 2021 Jul 01, 2021
- Top 100 Cheapest New Cars Jul 01, 2021
- Real Prices of Compact Cars Jul 01, 2021
June 2021
- Real Prices of Midsize SUVs Jun 24, 2021
- Real Prices of Midsize Luxury Cars Jun 17, 2021
- Real Prices of New Compact SUVs Jun 10, 2021
I welcome your car buying questions. Email Me and I'll be glad to answer them!