Best Deals on Used Small Cars
Prices of small used cars have fallen quite a bit in the past year or two, as car shoppers are gravitate toward SUVs and pickup trucks.
When there's a big change in demand, there's opportunity to get a great deal. This week, Edmunds compiled a list of the best used cars to buy right now, based on the % drop in price over the past year. The vehicles on the list are also generally popular and rated well overall.
|Vehicle||Price Drop This Year|
|2011-2015 Chevrolet Volt||29%|
|2011-2015 Nissan Leaf||23%|
|2012-2015 Ford Focus||22%|
|2011-2015 Chevrolet Cruze||21%|
|2010-2015 Volkswagen Golf||19%|
|2011-2015 Hyundai Elantra||16%|
|2012-2015 Honda Civic||12%|
|2014-2015 Kia Forte||12%|
|2010-2015 Mazda 3||12%|
|2012-2015 Subaru Impreza||7%|
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe 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 NetworkSelect 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).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, 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 ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
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