Used Car NewsUsed Car News

  • ABG -0.05 - -0.10%
  • AN +1.38 - +2.95%
  • CACC +1.39 - +0.80%
  • CAR +1.29 - +5.22%
  • CARZ +0.00 - +0.00%
  • CPRT +0.59 - +1.72%
  • CPSS +0.02 - +0.50%
  • CRMT +0.12 - +0.51%
  • DAI
  • F +0.38 - +3.40%
  • FIATY +0 - +0%
  • GM +0.81 - +3.01%
  • HMC +0.29 - +1.17%
  • HTZ +0.39 - +5.49%
  • KAR +0.31 - +0.96%
  • KMX +1.48 - +3.51%
  • LAD +1.29 - +1.66%
  • MZDAF +0.00 - +0.00%
  • NSANY -0.01 - -0.06%
  • PAG +0.03 - +0.10%
  • SAH -0.08 - -0.50%
  • TM +0.18 - +0.17%
  • TRAK +0.00 - +0.00%
  • TSLA +0.57 - +0.38%
  • TTM +0.98 - +4.77%
  • VLKAY -0.14 - -0.56%
  • VROM

Featured News

Hyundai, Acura Cost Least to Own
The 2016 model-year brand and category winners of the fifth annual 5-Year Cost to Own Awards, recogn...

Read more

New York’s Best, Worst for Auto Debt
New York State is home to both the nation's biggest automotive spendthrifts and tightwads. According...

Read more

Enterprise Generates Credit Union Financing
Enterprise Car Sales generated close to $500 million in loan volume to nearly 28,000 credit union me...

Read more

Honda Recalls Accords for Airbags
American Honda Motor Company, Inc. is recalling 341,444 model year 2008-10 Accord vehicles. In the a...

Read more

Hyundai, Acura Cost Least to Own
New York’s Best, Worst for Auto Debt ...
Enterprise Generates Credit Union Financing
Honda Recalls Accords for Airbags

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.