Biggest Price Drops on New Cars (Spring 2024)
As many of you have likely noticed, we've seen deals on new cars getting better in the past few months, with incentives, rebates, and finance deals added across the board. I wanted to see just how much new car prices have dropped since this past fall.
I took the average prices each model was selling for in October 2023 (6 months ago), and compared it to the average price they're selling for today. All of the data you see in the table below is based on the average selling prices including all rebates, discounts, or dealer add-ons.
The important column to note is the % discount. This basically shows how much cheaper these cars have become today compared to the end of fall last year. The Mazda CX-9 has had the biggest price drop this Spring, declining an average of 8%..
The good news is these deals should all be readily available through TrueCar and CarsDirect.
Biggest Price Drops (Spring 2024)
| Vehicle | Oct '23 | Current | Price Drop | % Drop | Deals |
|---|---|---|---|---|---|
| Mazda CX-9 | $47,638 | $43,922 | $3,716 | 8.0% | |
| Cadillac CT4-V | $49,766 | $46,760 | $3,006 | 6.3% | |
| Kia Stinger | $55,612 | $52,351 | $3,261 | 6.2% | |
| Infiniti Q50 | $48,997 | $46,133 | $2,864 | 5.9% | |
| Ford Transit Passenger | $54,389 | $51,622 | $2,767 | 4.9% | |
| Mazda MX-30 | $39,342 | $37,782 | $1,560 | 4.1% | |
| Cadillac CT4-V | $50,381 | $48,556 | $1,825 | 3.8% | |
| Maserati Ghibli | $85,004 | $81,660 | $3,344 | 3.7% | |
| Mercedes EQS Sedan | $95,417 | $91,816 | $3,601 | 3.4% | |
| Land Rover Discovery | $69,779 | $67,448 | $2,331 | 3.4% | |
| Audi RS 3 | $64,553 | $62,646 | $1,907 | 3.0% | |
| BMW M5 | $113,238 | $110,541 | $2,697 | 2.4% | |
| Audi A3 | $34,524 | $33,672 | $852 | 2.4% | |
| Genesis G80 | $82,812 | $81,152 | $1,660 | 2.1% | |
| Lexus LC | $103,857 | $101,800 | $2,057 | 2.0% | |
| Mercedes C-Class | $58,050 | $57,096 | $954 | 1.6% | |
| Nissan Titan XD | $49,573 | $48,890 | $683 | 1.3% | |
| Nissan Rogue | $33,980 | $33,537 | $443 | 1.2% | |
| Nissan LEAF | $36,410 | $35,966 | $444 | 1.2% | |
| BMW X2 | $39,334 | $38,958 | $376 | 1.0% | |
| Mercedes CLA | $38,008 | $37,648 | $360 | 0.9% | |
| Mitsubishi Eclipse Cross | $28,939 | $28,657 | $282 | 0.9% | |
| Toyota Corolla | $27,123 | $26,906 | $217 | 0.8% |
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
February 2025
- Top 100 Cheapest Lease Deals Feb 20, 2025
- Cars With the Largest Rebates Feb 20, 2025
- Real Prices of Pickup Trucks Feb 20, 2025
- Largest Hidden Dealer Rebates Feb 20, 2025
- All SUV Lease Deals Compared February 2025 Feb 13, 2025
- Biggest Discounts on New Cars February 2025 Feb 13, 2025
- Top 100 Cheapest New Cars Right Now Feb 13, 2025
- Real Prices of Midsize SUVs Feb 13, 2025
- Best 0% Finance Deals February 2025 Feb 06, 2025
- Best Bang for Your Buck Lease Deals Feb 06, 2025
- Best Electric, Hybrid Lease Deals Feb 06, 2025
- Price Comparison of Subcompact SUVs Feb 06, 2025
January 2025
- New Cars with the Most Available Inventory Jan 30, 2025
- Best Car Deals Around the Country Jan 30, 2025
- Best Used Cars Under $5,000 Jan 30, 2025
- Real Prices of Midsize Cars Jan 30, 2025
- Real Prices of Compact Cars Jan 23, 2025
- Cheapest Luxury Lease Deals Jan 23, 2025
- Real Prices of New Compact SUVs Jan 16, 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
