Used-Car Prices Down Nearly 2 Percent in May - Cars.com News
The average price for a late-model used car fell nearly 2 percent in May to $22,788, according to Cars. Fuel-efficient and alternative-powertrain cars continue to top the list of vehicles with the biggest price drops, as the nationwide average for a gallon of gas remains relatively low. their prices were down 5. 2 percent ($544), 5. 1 percent ($734) and 3. 2 percent ($735), respectively. Chevrolet Express prices gained about 2 percent in May. The Chevrolet Corvette and Nissan 370Z sports cars and Ram 1500 full-size pickup truck had 0. 9 percent price gains. The charts 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 had to have at least 250 cars in Cars. Source: www.cars.com
