Luxury and Fuel-Efficient Used Cars Take Price Hits in June
The average price for the Mercedes-Benz SL-Class retractable-hardtop convertible fell nearly $7,000 in June, and its 8.2 percent price drop led all late-model used cars by a wide margin. Three other luxury cars — the BMW 550i, Jaguar XJ and Audi A8 — also had significant price drops.
Related: Used-Car Prices Down Nearly 2 Percent in May
Most of the other cars with big June price drops were fuel-efficient models. The all-electric Nissan Leaf’s asking price was down 4.9 percent ($677), while the Mazda2 subcompact hatchback was down 3 percent ($350). Prices for the Toyota Camry Hybrid, Toyota Prius Plug-in and Ford C-Max Hybrid dipped 2.9 percent ($617), 2.7 percent ($605) and 2.6 percent ($485), respectively.
The charts below detail used cars from the 2012 to 2014 model years with the biggest price drops and increases. To be eligible for the lists, a model must have at least 250 cars in Cars.com’s national search listings.
Source: Cars.com used-car listings, 2012 to 2014 model years
