If you’re available in the market for a automotive, we now have some excellent news: Used automotive costs are persevering with to fall.
After climbing all through many of the COVID-19 pandemic, used automotive costs had been down 8.7% in February yr over yr, according to automotive website iSeeCars.
For a handful of fashions, the value drop has been particularly sharp in current months. Following are the fashions with the largest value drops prior to now six months, based on a current iSeeCars evaluation of 1.8 million gross sales of used vehicles that had been 1 to five years previous.
10. Hyundai Ioniq Hybrid
Common used automotive value as of February 2023: $20,528 (which is 11% decrease than it was in September 2022)
Final yr’s mannequin of the Hyundai Ioniq Hybrid has been praised for its gasoline financial system and enormous cargo space.
9. Toyota Camry
Common used automotive value as of February 2023: $24,384 (which is 11.1% decrease than it was in September 2022)
The brand new Toyota Camry comes with three engine choices and will get prime marks for security.
8. Toyota RAV4
Common used automotive value as of February 2023: $27,612 (which is 11.4% decrease than it was in September 2022)
The newest version of the Toyota RAV4 earns plaudits for its roomy seating and intuitive leisure system.
7. Chevrolet Malibu
Common used automotive value as of February 2023: $19,082 (which is 11.4% decrease than it was in September 2022)
The brand new Chevrolet Malibu has been singled out for its beauty and nice infotainment options.
6. Toyota Prius Prime
Common used automotive value as of February 2023: $29,856 (which is 11.5% decrease than it was in September 2022)
The newest version of the Toyota Prius Prime has nice gasoline financial system and is famous for its affordability in contrast with different plug-ins.
5. Jaguar E-Tempo
Common used automotive value as of February 2023: $33,836 (which is 11.6% decrease than it was in September 2022)
The brand new Jaguar E-Pace earns raves for its dealing with and design.
4. Toyota C-HR
Common used automotive value as of February 2023: $22,844 (which is 11.9% decrease than it was in September 2022)
The newest mannequin of the Toyota C-HR will get good marks for its security options and sporty dealing with.
3. Nissan Leaf
Common used automotive value as of February 2023: $25,734 (which is 12% decrease than it was in September 2022)
The brand new Nissan Leaf has been praised for its quiet and comparatively snug trip.
The Leaf additionally appeared in our story “9 of the Cheapest Electric Vehicles in 2022.”
2. Nissan Kicks
Common used automotive value as of December: $19,713 (which is 13.4% decrease than it was in September)
The newest version of the Nissan Kicks is famous for its affordability and gasoline financial system.
1. Tesla Mannequin 3
Common used automotive value as of December: $41,337 (which is 21.5% decrease than it was in September)
Reviewers say the brand new Tesla Model 3 has good vary and recharging capabilities.
The mannequin additionally made the record of “The 8 Best Electric Vehicle Models, According to Owners.”
