Jun 8, 2026

5 Used Cars That Are Thousands Cheaper Than They Were Last Year

Written by Gabrielle Olya
|
Edited by Jenna Klaverweiden
Discover A silver 2023 Volkswagen ID.4 drives down a road surrounded by bushes and small hills

The used car market is finally cooling. A recent iSeeCars analysis of over 6.7 million 1- to 5-year-old used cars sold in the first quarter of 2025 and the first quarter of 2026 found that the average listing prices dropped for all vehicle types. Used hybrid prices decreased 1.4% year over year, gasoline vehicle prices dropped 2.8% and electric vehicle (EV) prices dropped 3%.

Buyers looking for the best deals for their budgets, however, should focus on the specific vehicle models with the biggest price drops. All of the top five 1- to 5-year-old used cars with the largest year-over-year price drops saw listing prices fall by about 10% or more, with sticker prices dropping by thousands of dollars.

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Here are the used cars with the biggest price drops over the past year, ranked by percentage change.

  • Average price (March 2026): $21,623

  • Year-over-year change ($): -$3,300

  • Year-over-year change (%): -13.2%

  • Average price (March 2026): $32,742

  • Year-over-year change ($): -$3,788

  • Year-over-year change (%): -10.4%

  • Average price (March 2026): $42,959

  • Year-over-year change ($): -$4,848

  • Year-over-year change (%): -10.1%

  • Average price (March 2026): $35,942

  • Year-over-year change ($): -$3,978

  • Year-over-year change (%): -10%

  • Average price (March 2026): $39,586

  • Year-over-year change ($): -$4,293

  • Year-over-year change (%): -9.8%

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This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.

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Written by
Gabrielle Olya
Jenna Klaverweiden
Edited by
Jenna Klaverweiden
Jenna Klaverweiden joined GOBankingRates in early 2024 as an Editor. Prior to joining GOBankingRates, she was the managing copy editor for a financial publisher, where she edited content focused on economics, retirement planning, investing, bonds and the stock market. She was also the copy editor for the third edition of the book Get Rich with Dividends, which was published in 2023. Education: B.A. in English Language and Literature, University of Maryland, B.A. in American Studies, University of Maryland