It is not a secret Used cars prices rise. Compared to last year, the average cost increased by 3.7 percent – or $ 1,146. While many prices have risen – up to 11.7 percent – every car manufacturer is not seen. This is good news for you, the consumer.
accident Study before Isecars The analysis of the prices of used cars in July and found that five car manufacturers witnessed a decrease in prices compared to last year. The largest decrease was 5.3 percent, translated into $ 1,657 difference on year.
Other brands have seen more modest declines. The prices of cars used in a car fell by only 0.7 percent (or 155 dollars), while another witnessed a decrease of 1.6 percent (or $ 531).
With the continued rise in prices in most of the market, these five brands emerge – and it is worth looking when shopping for your next used car.
5. Nissan: -0.7 %
Photo by: Nissan
- General difference on an annual basis: -155 dollars
- Average price July: 22,995 dollars
Nissan is not alien to the challenges, but if you are on the market for Altima or vice versa, it may be one of your best options. The company witnessed the low prices of vehicles used by 0.7 percent compared to last year – a difference of $ 155. In July, the average Nissan price used was only $ 22,995, as Altima witnessed a decrease of 2.6 percent on an annual basis.
4. Dodge: -1.6 %
Photo: Brian Silvulu / Motor 1
- General difference on an annual basis: -531 dollars
- Average price July: 33,353 dollars
Dodge recently introduced the new charger and horny models, but the American auto company is already fighting to maintain the prices of used cars. Compared to last year, the prices of the Dodge vehicles used decreased by 1.6 percent – a difference of $ 531. As of July, the average price of Dodge used on dispensers is $ 33353.
3. Chrysler: -2.7 %
- On an annual basis: -709 dollars
- Average price July: 25,867 dollars
Stopping a 300 sedan in 2023, Chrysler now has only one vehicle in the squad: The Pacifica Minivan (or two, if you calculate Voyageer). This shift may be easier to find a deal on the luxury sedan, as Chrysler has witnessed a decrease of 2.7 percent in the prices of used cars – a decrease of $ 709 compared to last year. The average price of Chrysler currently used is $ 25,867.
2. Chevrolet: -2.8 %
Photo by: Chevrolet
- Year on an annual basis: -913 dollars
- Average price July: 31,891 dollars
With such a strong collection, it is amazing to see Chevrolet in this list. However, the American auto industry has witnessed a decrease in the prices of its used cars by 2.8 percent on an annual basis-a decrease of $ 913. The average Chevy price is now 31,891 dollars. The largest engine was the conversion Chevrolet Corvette, which witnessed its prices by 2.2 percent, or 1935 dollars, compared to last year.
1. Tesla: -5.3 %
Photo by: Tesla
- On an annual basis: -1,657 dollars
- Average price July: 29,877 dollars
Tesla tops the list by a 5.3 % decrease on an annual basis in the prices of used vehicles-a decrease of $ 1675. The average price of Tesla used in July was just less than $ 30,000. Among all used cars in the market, the Tesla Model S, Model Y and Model X have witnessed the most severe price decreases, as it decreased by 12.3 %, 12.3 % and 12.1 %, respectively.
“With the continued decrease in the prices of electric vehicles and the largest share of the EV market, it is not surprising that the brand is losing more valuable,” he said. Isecars CEO Karl Praire.
