Small used cars
Prices for used cars in general have been going up, thanks to easy credit and flood of relatively new cars coming to the market as lease expirations. However, low gas prices have most buyers looking to purchase SUVs or larger vehicles, so small and sub-contact car prices have actually been falling. In the second quarter, used compact car prices were down 2 percent, according to Edmunds, while overall used car prices were up 2.7 percent.
