The average price paid for all 2012–2014 model year used cars listed on Cars.com came in at $22,245, which is the lowest it’s been during 2015. The average price was down 0.7% for October and fell for the second month in a row. Only nine cars had price increases in the month of October, and the gains were relatively small across the board. Toyota Prius Plug-In had biggest price drop at 5.7% decline, and Fusion Hybrid dipped 4.4% as gasoline prices stayed cheap.
Prius Plug-In Has Veen in Top 10 Price Declines Every Month Since May 2015:
Since then, its average price has fallen 21.3%, or $4,921 down in used car value.
Two Fuel-Efficient Cars Bucked Price Decline Trend during October:
Nissan Leaf increased 0.6% and Honda Insight hybrid went up 0.3% in October.
BMW 750i Full-Size Luxury Had Biggest Used Price Increase at 1.1% or $520:
Slightly ahead of GMC Sierra 3500 heavy-duty pickup, which was up 1% or $431.