The used car market has been on a steady incline over the past few years, but July 2025 brought some surprising good news for buyers. While the average cost of a used car increased by 3.7% year-over-year—adding roughly $1,146 to the average transaction—five major automakers bucked the trend, offering lower prices than in 2024.
Industry analysts point out that although some brands have seen used vehicle prices jump by as much as 11.7%, these five manufacturers recorded decreases, with the steepest drop hitting 5.3%. For consumers, this means potential bargains in a market that has otherwise been challenging for budget-conscious buyers.
Key takeaways for buyers:
- Average used car prices rose 3.7% year-over-year, but five brands saw price drops.
- Tesla led the decline with a 5.3% drop—the largest among all automakers.
- Chevrolet, Chrysler, Dodge, and Nissan also recorded lower used car prices.
- Price drops ranged from 0.7% to 5.3%, depending on the brand.
- Some models within these brands saw even steeper declines.
Tesla Takes the Top Spot for Price Declines
At the top of the list is Tesla, with used vehicle prices falling 5.3%, equivalent to a $1,657 drop compared to July 2024. The average used Tesla now costs $29,877.
Breaking it down by model, the Tesla Model S, Model Y, and Model X saw the most substantial declines—each falling by over 12%. According to iSeeCars Executive Analyst Karl Brauer, the decrease is tied to ongoing drops in electric vehicle prices and Tesla’s dominant share of the used EV market.
Read also : Opel Teases High-Performance Electric Concept Ahead of IAA Mobility 2025
Chevrolet Sees a Significant 2.8% Drop
Chevrolet, known for its extensive lineup from affordable sedans to high-performance sports cars, recorded a 2.8% decline in used vehicle prices. This equates to a $913 drop, bringing the average used Chevy price to $31,891.
One of the most notable movers was the Chevrolet Corvette Convertible, which experienced a 2.2% price drop, amounting to $1,935 year-over-year. For buyers seeking a performance car at a more accessible price point, this could be a golden opportunity.
Chrysler Prices Down by 2.7%
Chrysler’s smaller lineup has made its vehicles easier to track in the used market. With only the Pacifica minivan and the recently discontinued 300 sedan, the brand saw a 2.7% drop in used vehicle prices—equating to a $709 decrease.
As of July, the average used Chrysler costs $25,867, making it a competitive choice for families or buyers looking for a luxury sedan at a lower cost.
Dodge Experiences 1.6% Decline
The American performance-focused brand Dodge posted a 1.6% decrease in used vehicle prices, translating to $531 less than last year. This brings the average used Dodge price to $33,353.
With newer models like the Charger and Hornet hitting showrooms, the slight softening in used prices could be linked to increased availability and shifting buyer interest.
Nissan Offers the Most Modest Drop at 0.7%
Nissan saw the smallest year-over-year decline—0.7%, or $155 less than last July. The average price for a used Nissan is $22,995, making it the most affordable brand on this list.
The Nissan Altima stands out with a 2.6% drop, positioning it as a strong contender for buyers seeking a reliable midsize sedan without breaking the bank.
Quick Look – Used Car Price Changes by Brand (July 2025)
| Rank | Brand | Price Change (%) | Price Change ($) | Avg. Price (July) |
|---|---|---|---|---|
| 1 | Tesla | -5.3% | -$1,657 | $29,877 |
| 2 | Chevrolet | -2.8% | -$913 | $31,891 |
| 3 | Chrysler | -2.7% | -$709 | $25,867 |
| 4 | Dodge | -1.6% | -$531 | $33,353 |
| 5 | Nissan | -0.7% | -$155 | $22,995 |
What This Means for Used Car Shoppers
For car buyers, these declines may offer rare opportunities in an otherwise expensive market. Tesla’s price drop could make EV ownership more attainable, especially for those eyeing a Model S or Model Y. Similarly, Chevrolet and Chrysler shoppers may find better deals on performance models and family-friendly vehicles.
With most brands still experiencing year-over-year price increases, these five automakers stand out as strategic options for savvy buyers in 2025.
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