Used Car NewsUsed Car News

  • ABG 72.50 +1.52 - +2.16%
  • AN 57.98 -0.39 - -0.69%
  • CACC 148.78 -0.995 - -0.83%
  • CAR 61.50 -0.19 - -0.32%
  • CARZ 40.82 -0.03 - -0.07%
  • CPRT 39.50 +0.13 - +0.37%
  • CPSS 7.62 -0.26 - -3.59%
  • CRMT 45.00 -0.23 - -0.62%
  • DAI N/A - N/A
  • F 17.96 +0.06 - +0.34%
  • FIATY 0.00 +0.17 - +1.65%
  • GM 35.83 -1.67 - -4.46%
  • HMC 35.13 -0.02 - -0.06%
  • HTZ 29.98 -0.32 - -1.11%
  • KAR 33.69 +0.39 - +1.28%
  • KMX 52.60 +0.08 - +0.16%
  • LAD 100.42 +0.63 - +0.67%
  • MZDAF 0.00 -0.067 - -1.38%
  • NSANY 0.00 +0.29 - +1.50%
  • PAG 54.35 +0.77 - +1.57%
  • SAH 24.99 -0.31 - -1.25%
  • TM 198.82 -0.05 - -0.04%
  • TRAK 0.00 -0.03 - -0.08%
  • TSLA 223.95 +1.05 - +0.47%
  • TTM 42.02 -0.67 - -1.59%
  • VLKAY 0.00 -0.14 - -0.29%
  • VROM N/A - N/A

Featured News

Sonic Sets Used Sales Record
Sonic Automotive Inc. set a record for used-car sales in the second quarter.

Sonic dealer...

Read more

Law Firm Adds Ally Attorney
Peter N. Cubita has joined Ballard Spahr's Consumer Financial Services Group in its New York City of...

Read more

PassTime Partners with Referral Service
PassTime and SendMeAFriend LLC announced that the companies have entered into a strategic partnershi...

Read more

CPS Reports Higher Earnings
Consumer Portfolio Services Inc. announced earnings of $7 million for the second quarter.
Thi...

Read more

Sonic Sets Used Sales Record
Law Firm Adds Ally Attorney
PassTime Partners with Referral Service
CPS Reports Higher Earnings

Used Car News | Home

Fuel-Sippers Face Fall

kelleyAlthough declines in fuel-sipping compacts are likely to occur slowly during the next few months, Kelley Blue Book expects steeper declines for the vehicles that appreciated most since the start of the year.

Of particular risk for correction are those vehicles that are currently selling at auction near manufacturer’s suggested retail price (MSRP).

The Toyota Prius
 is a prime example of a vehicle that is likely set for a correction. The 2010
 Prius increased more than $3,000 since January 1 and has a current auction value equal to 90 percent of its original MSRP.

Dealers will be hard pressed 
to convince consumers to pay $23,500 for a used 2010 Prius at current Kelley Blue Book Retail Value, especially since a brand new 2012 Prius can be had
 for $24,000, according to the current Kelley Blue Book Fair Purchase Price.

Other vehicles making the Kelley watch list are: Toyota Yaris; Chevrolet Cruze; Toyota Corolla; and Kia Soul.