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Biggest Pandemic Car Price Drops
June 25, 2020
A lot of my readers have been surprised at the lack of huge discounts on new cars due to the economic shutdown. However, with over 350 different new models for sale, surely some of them have been hit hard and are ripe for deals.
That's why this week, I analyzed the current average selling prices of all models and compared them to the average price they were selling for before the economic shutdowns (basically, mid-February).
Below is a list of the top 60 models that have come down the most when it comes to average selling price during the past 4 months. The 2019 Lexus GS RWD is #1 with a 13.5% drop in selling price post pandemic.
Check out the full list below, now may be a good time to purchase one of these models if they're on your consideration list. As always, I recommend you use TrueCar No Haggle and CarsDirect to quickly see the lowest prices being offered in your local are.
Biggest Post Pandemic Car Discounts
| Rank | Vehicle | Feb 2020 Avg Price |
Current Avg Price |
Post Pandemic Discount % |
|---|---|---|---|---|
| 1 | 2019 Lexus GS RWD | $50,823 | $43,859 | 13.5% |
| 2 | 2019 Nissan LEAF Electric | $33,873 | $27,501 | 13.2% |
| 3 | 2019 Genesis G70 RWD | $40,776 | $35,942 | 12.7% |
| 4 | 2019 Volkswagen e-Golf Electric | $33,134 | $30,916 | 11.8% |
| 5 | 2019 Genesis G70 AWD | $43,841 | $39,034 | 11.6% |
| 6 | 2019 Volkswagen Golf SportWagen | $25,354 | $22,413 | 11.3% |
| 7 | 2019 GMC Sierra 1500 RWD Extended Cab | $37,298 | $33,777 | 11.1% |
| 8 | 2019 Volkswagen Golf SportWagen AWD | $25,338 | $22,539 | 10.9% |
| 9 | 2020 Alfa Romeo Giulia AWD | $42,071 | $36,895 | 10.5% |
| 10 | 2020 Alfa Romeo Giulia RWD | $45,072 | $39,952 | 10.3% |
| 11 | 2020 Mercedes Metris Passenger Van | $35,714 | $31,972 | 10.2% |
| 12 | 2020 Buick Encore GX | $26,830 | $23,720 | 10.1% |
| 13 | 2020 Buick Regal Sportback AWD | $33,438 | $30,594 | 10% |
| 14 | 2018 Jeep Wrangler JK | $30,200 | $27,138 | 9.9% |
| 15 | 2020 Buick Regal TourX AWD | $31,476 | $28,665 | 9.8% |
| 16 | 2020 Buick Regal Sportback | $28,498 | $26,090 | 9.7% |
| 17 | 2019 Kia K900 V6 | $59,651 | $53,884 | 9.5% |
| 18 | 2019 Buick Envision | $29,269 | $25,536 | 9.4% |
| 19 | 2019 INFINITI Q60 AWD | $46,583 | $41,854 | 9.4% |
| 20 | 2019 Mitsubishi Mirage | $15,362 | $13,919 | 9.4% |
| 21 | 2020 Dodge Challenger RWD | $44,060 | $37,159 | 9.4% |
| 22 | 2019 Lincoln MKZ | $35,894 | $32,534 | 9.3% |
| 23 | 2020 Buick Encore GX AWD | $28,774 | $25,494 | 9.3% |
| 24 | 2020 Kia Stinger RWD | $41,655 | $37,126 | 9.3% |
| 25 | 2020 GMC Sierra 1500 2WD Extended Cab Short | $37,144 | $34,128 | 9% |
| 26 | 2020 Buick Envision | $29,884 | $26,625 | 8.9% |
| 27 | 2019 INFINITI Q60 RWD | $44,719 | $40,427 | 8.8% |
| 28 | 2019 Lincoln MKZ AWD | $37,719 | $34,328 | 8.7% |
| 29 | 2020 Ram ProMaster City Wagon | $25,961 | $23,227 | 8.3% |
| 30 | 2019 Audi A4 | $35,785 | $34,866 | 8.1% |
| 31 | 2019 Cadillac XT4 | $31,684 | $29,968 | 8.1% |
| 32 | 2019 Cadillac XT5 | $40,383 | $38,252 | 8.1% |
| 33 | 2019 Lincoln Nautilus | $43,600 | $39,814 | 8.1% |
| 34 | 2019 Ram ProMaster City Cargo Van | $23,271 | $21,482 | 8% |
| 35 | 2020 Kia Stinger AWD | $43,377 | $39,487 | 8% |
| 36 | 2019 Lincoln Nautilus AWD | $45,909 | $41,941 | 7.9% |
| 37 | 2020 Dodge Charger RWD | $40,136 | $36,983 | 7.9% |
| 38 | 2020 Dodge Grand Caravan | $28,977 | $24,940 | 7.9% |
| 39 | 2019 Nissan Frontier 4x2 | $24,240 | $22,261 | 7.8% |
| 40 | 2019 Audi A3 AWD | $34,945 | $32,147 | 7.7% |
| 41 | 2019 Audi A3 | $31,985 | $29,424 | 7.7% |
| 42 | 2019 GMC Sierra 1500 4WD Extended Cab | $40,777 | $38,402 | 7.7% |
| 43 | 2019 Mitsubishi Outlander Plug-in Hybrid AWD | $36,354 | $33,654 | 7.6% |
| 44 | 2020 Ford Fusion | $25,846 | $23,732 | 7.6% |
| 45 | 2020 Ford Fusion Hybrid | $28,925 | $26,546 | 7.6% |
| 46 | 2019 Lincoln MKZ Hybrid | $35,894 | $32,498 | 7.4% |
| 47 | 2019 Nissan 370Z | $45,752 | $42,250 | 7.4% |
| 48 | 2020 Ram ProMaster City Cargo Van | $24,242 | $22,219 | 7.4% |
| 49 | 2018 Jeep Wrangler | $33,810 | $31,257 | 7.3% |
| 50 | 2019 Alfa Romeo Stelvio RWD | $34,137 | $31,260 | 7.3% |
| 51 | 2019 Cadillac XT4 AWD | $33,919 | $32,221 | 7.3% |
| 52 | 2019 Kia Forte | $19,614 | $18,495 | 7.3% |
| 53 | 2020 Dodge Challenger AWD | $31,504 | $28,796 | 7.2% |
| 54 | 2019 Alfa Romeo Giulia RWD | $38,926 | $35,374 | 7.1% |
| 55 | 2019 Ram ProMaster City Wagon | $24,888 | $23,118 | 7.1% |
| 56 | 2020 Ford Fusion AWD | $29,521 | $27,062 | 7.1% |
| 57 | 2020 Jeep Renegade | $22,191 | $20,897 | 7.1% |
| 58 | 2020 Nissan LEAF Electric | $35,953 | $32,429 | 7.1% |
| 59 | 2019 Lexus GS AWD | $52,887 | $49,304 | 6.9% |
| 60 | 2020 Jeep Renegade 4WD | $23,603 | $22,303 | 6.9% |
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 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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