Used Fiat 500c Convertible Prices Spike in August
Summer is winding down, but that didn’t stop used Fiat 500c prices from heading up in August. Asking prices on Cars.com for the subcompact 500c, which features a power-retractable soft-top, jumped 8.1 percent ($1,324). That increase put it well ahead of the Toyota Sequoia full-size SUV and Nissan Quest minivan, which advanced 1.9 percent ($792) and 1.8 percent ($405), respectively.
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Prices for the Chevrolet Express 1500 full-size van decreased the most, down 5.3 percent ($1,153) from a month ago. The Chevrolet Volt range-extended electric car and BMW 650i luxury two-door round out the month’s top three biggest drops, with prices down 3.8 percent ($897) and 3.6 percent ($2,370), respectively.
Overall used-car prices declined again in August, continuing a trend that began in the spring. Average listing prices were down 1.4 percent ($315) to $22,604. That’s the steepest monthly decline we’ve seen so far this year.
The charts detail used cars from the 2011 to 2013 model years with the biggest price drops and increases. To be eligible for the lists, a model had to have at least 250 cars in Cars.com’s national inventory.
Source: Cars.com used-car listings, 2011 to 2013 model years
Cars.com photo by Ian Merritt
