Dealers drop the price of a car an average of 1.32 times per month, but some months it happens more, and others less. Between July and October dealers drop the price of their cars most frequently, whereas January through March dealers drop their prices least frequently. As the volume of sales increases in the summer months, dealers seem more willing to drop the prices of their used cars. The average price drop on a used vehicle is actually 5.42%.
https://www.thoughtco.com/best-and-worst-months-for-deals-on-used-cars-3308530
Majority of Used Cars Have Price Reductions After Only 30 Days on Market. CAMBRIDGE, Mass., February 22, 2011 – A study released today by leading online automotive community CarGurus.com shows that the majority (53%) of used cars listed for more than 30 days have at least one price drop.
https://blog.cargurus.com/2011/02/22/buying-a-used-car-wait-for-the-price-to-drop
Add higher demand for used cars ever since the recession turned many new-car buyers into used-car buyers, and you have a classic case study for Economics 101: High demand and tight supply have boosted average transaction prices to their highest level in six years.
http://www.kiplinger.com/article/cars/T009-C000-S002-how-to-get-the-best-deal-on-a-used-car.html
Click on a vehicle to see how long it's been on the market and whether there have been any price reductions. A recent survey by the company showed that the majority of used cars listed for more than 30 days had had at least one price drop -- so it often pays to look for a car that's been on the lot for a while.
http://www.kiplinger.com/article/cars/T009-C000-S002-how-to-get-the-best-deal-on-a-used-car.html
If you value space over fuel economy, it's likely you can find a good deal on a full-size car, says Keith Griffin, who writes the guide to used cars at About.com. Ditto for medium to large SUVs and crossovers. But note that you won't see the bargain-basement prices of 2008, when consumers rushed to dump their big SUVs.
http://www.kiplinger.com/article/cars/T009-C000-S002-how-to-get-the-best-deal-on-a-used-car.html
That’s good news for all drivers, as prices for both new and used cars have risen steadily in recent years, fueled by record auto sales across the board. During the recession, drivers held on to cars longer, reducing the supply of used cars, helping push prices up 18% from 2007 to 2014, the report says. Edmunds.com found that average used car prices set a record last year, reaching $18,600.
http://time.com/money/4273696/buying-a-used-car/
Since most leasing agreements are for three years, that has created a glut of vehicles in today’s used car market. As a result, prices for used cars have dropped, with prices for 3-year-old vehicles discounted by about 4% year-over-year in 2015, according to the Edmunds.com report.
http://www.marketwatch.com/story/why-this-year-is-a-good-time-to-buy-a-used-car-2016-03-10
On average cars listed for 30 days or more showed 1.5 price drops, with 53% of those cars showing at least one price drop. Listings more than 45 days old had at least one price drop 60% of the time.
https://blog.cargurus.com/2011/02/22/buying-a-used-car-wait-for-the-price-to-drop
For shoppers looking for the best possible deal in the used car market, it may be better to hold off as values continue to drop. “We do expect [used car] prices to fall this year, so it’s better to wait if possible,” Fleming says. A similar trend of declining used car prices occurred in the late 1990s and early 2000s. At that time, as the expected value of used cars decreased, automotive finance companies lost billions in leasing deals.
http://www.marketwatch.com/story/why-this-year-is-a-good-time-to-buy-a-used-car-2016-03-10
Mar 28, 2016. 1  America’s new love affair with auto leasing offers some unexpected good news to drivers looking for used car bargains. A coming glut of end-of-lease cars will dump millions of used cars on the market in the next year or two, almost certainly lowering prices on relatively low-mileage, late-model cars with most modern amenities.
http://time.com/money/4273696/buying-a-used-car/
when do used car prices drop
The prices of car drop after only 30 days on market. Prices of used cars are dropped after only 30 days on market.