10 used cars that have seen the biggest price drops in 2024 – including best-selling Tesla & Audi that’s £1... - The Sun

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A NUMBER of used cars have dramatically fallen in price in 2024 - with a very well-known Vauxhall model currently top of the drops.

In data collected by Autotrader and reported by Car Dealer Magazine, cars from brands such as Tesla, Nissan and Audi can now be picked up at much lower prices than before.

Tesla's best-selling Model Y has seen its price drop at used car dealerships this yearCredit: Alamy

The sporty Audi e-tron GT is another motor that's seen its price decrease this yearCredit: Getty

Vauxhall's electric Corsa has also lost the value so far in 2024Credit: Getty

Used car experts maintain that cars like the Volkswagen e-up! 'are selling at pace'Credit: Getty

But the biggest loss in value has affected the Vauxhall Corsa-e, which has dropped by 25% so far this year with an average asking price now at £15,377.

The price of a brand new Corsa-e starts at around £33,000 according to Car Dealer Magazine, although Autotrader states its RRP ranges from £26,895 to £38,585.

Below the Corsa-e in second place with a price drop of 24.2% is the Audi e-tron GT, which now costs an average of £61,555 second hand.

The stylish EV costs between £88,005 and £151,220 from new, and rivals the Porsche Taycan in the luxury electric motor catergory.

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In third is the ever-popular Tesla Model Y, which has dropped 24% and now costs an average £37,832.

From new, the Model Y is currently one of Europe's best-selling cars - selling a whopping 254,822 last year in Europe.

Biggest falling used car prices 2024

1. Vauxhall Corsa-e – down 25.0%
2. Audi e-tron GT – down 24.2%
3. Tesla Model Y – down 24.0%
4. Toyota Prius+ – down 23.8%
5. Audi RS e-tron GT – down 23.4%
6. Nissan Leaf – down 23.2%
7. DS 3 Crossback – down 23.1%
8. Mazda MX-30 – down 22.4%
9. Volkswagen e-up! – down 22.3%
10. Tesla Model S – down 21.9% ​

Source: Auto Trader, prices to date 2024

Richard Walker, Auto Trader’s data and insights director, said: “As we enter the second half of the year, our data shows that the fundamentals of the used car market remain solid – consumer demand is robust, and cars are selling at pace, which combined with the softening in supply, means retail prices continue to stabilise.

“Although this balance of market dynamics is working to return retail prices to seasonal norms, it’s also affecting retailers’ traditional stock profiles and making the job of finding profitable cars all the more challenging.”

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This includes the Volvo V40, with a model from around 2016 now boasting an average price of £10,302.

Staying with Volvo, the brand recently announced a dramatic U-turn by reviving two beloved estate motors – nearly a year after they were discontinued.

The DS 3 Crossback has dropped 23.1% in price so far this yearCredit: Wikipedia

The Mazda Mx-30 is down 22.4%Credit: Wikipedia

Like the Model Y, Tesla's Model S has also seen its resell price slashedCredit: Getty

Nissan's Leaf electric vehicle can now be picked up at much lower priceCredit: Getty

The cost of Toyota Prius+ has seen the fourth biggest drop so far this yearCredit: Getty

The full-electric luxury Audi RS e-tron GT rounds out the top 5 and is down 23.4%Credit: Getty

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