Biggest Price Drops on Popular Used Cars
Some popular models have seen their prices drop by as much as 15%.
CarGurus believes prices are set to rise again beginning next year, so if you're in the market for a used car, you need to act soon.
Here are the largest price drops in the past 3 months on the most popular used vehicles.
| Vehicle Type | Year/Model | Price on 9/9/11* | Price on 12/9/11* | Price Change |
Small/Midsize Cars |
2007 Toyota Prius | $17,902 | $15,269 | -15% ($2,633) |
| 2007 Hyundai Accent | $9,714 | $8,678 | -13% ($1,349) |
|
| 2008 Ford Focus | $13,822 | $12,302 | -11% ($1,520) |
|
| 2008 Honda Civic | $16,632 | $14,837 | -11% ($1,798) |
|
| 2007 Volkswagen Jetta | $15,186 | $13,563 | -11% ($1,623) |
|
| 2008 Hyundai Elantra | $12,945 | $11,646 | -10% ($1,299) |
|
| 2007 Mazda Mazda3 | $13,575 | $12,249 | -10% ($1,326) |
|
| 2006 Toyota Corolla | $11,764 | $10,685 | -10% ($1,199) |
|
| Minivans and SUVs | 2007 Kia Sedona | $13,599 | $12,147 | -11% ($1,452) |
| 2008 Dodge Grand Caravan | $16,925 | $15,312 | -10% ($1,613) |
|
| 2008 Ford Escape Hybrid | $20,302 | $18,331 | -10% ($1,901) |
|
| 2006 Lincoln Navigator | $20,543 | $18,521 | -10% ($2,022) |
*The prices noted above are an average of thousands of listings analyzed by CarGurus, including cars with different trims, mileage and options.
Current market value for specific trims, mileage and options in any given zip code can be found at (CarGurus.com/dealfinder)
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
January 2025
- Top 100 Cheapest Lease Deals Jan 16, 2025
- All SUV Lease Deals Compared January 2025 Jan 16, 2025
- Cars With the Largest Rebates Jan 16, 2025
- Real Prices of New Compact SUVs Jan 16, 2025
- Best 0% Finance Deals January 2025 Jan 09, 2025
- Best Bang for Your Buck Lease Deals Jan 09, 2025
- Best Electric, Hybrid Lease Deals Jan 09, 2025
- Real Prices of Large SUVs Jan 09, 2025
- Best Car Deals by Category Jan 02, 2025
- Which Cars Better to Lease or Buy Jan 02, 2025
- Real Prices of Pickup Trucks Jan 02, 2025
- Largest Hidden Dealer Rebates Jan 02, 2025
December 2024
- New Cars with the Most Available Inventory Dec 26, 2024
- Top 100 Cheapest New Cars Right Now Dec 26, 2024
- Real Prices of Midsize SUVs Dec 26, 2024
- Cheapest Luxury Lease Deals Dec 26, 2024
- Biggest Discounts on New Cars December 2024 Dec 19, 2024
- Price Comparison of Subcompact SUVs Dec 19, 2024
- Real Prices of Compact Cars Dec 12, 2024
- Best Lease Deal Ever - $62 per Month Dec 05, 2024
- Real Prices of Midsize Cars Dec 05, 2024
