I already discussed the pattern of car price drops based on month, if you missed it, read it here. Articles like that can be very useful for shoppers, but may be missing a needed level of granularity. One such item would have been a breakdown of price drops on a vehicle based on specific models.
For example, wouldn’t it be helpful for people looking to buy a used Chevrolet Suburban to know that it drops about 3% in price before being bought or for people looking to buy a Hyundai Genesis that drops 6%? The information in this post should offer better insight on how cars drop in price depending on their model. The average car on Mojo Motors drops more than $800 before being sold, but this number varies model-to-model. [keep reading]
The king of popularity is the Subaru Impreza which retains its crown as the most searched vehicle on Mojo Motors in the month of November. Winners last month also include the Toyota Tacoma which jumps from fifth place to second place and the number six Ford F-150 making its premier in the top 10. Jeep made some moves too, boasting two vehicles in the top 10. The Wrangler comes in third place and the Grand Cherokee in seventh. For the second straight month, Toyota is the most searched brand on Mojo Motors and for the first time, Volvo and GMC have made it into top 10, kicking out poor-performing losers like BMW and Audi. For a more comprehensive breakdown, keep reading below.
This week’s new car is the 2012 Nissan Versa S base model. The Versa is the least expensive new car you can buy, and the MSRP listed below is the vehicle’s absolute lowest price. Needless to say, this means the car you’re getting is bare bones; an automatic transmission will cost you more, and most additional features are not even options on the base model. One significant advantage is the car’s excellent fuel efficiency, a combined 31 mpg. The Versa will certainly get you from one place to another, but it won’t give you much else. However, by taking advantage of the Mojo price, we bet you can get a lot more for your money! First, let’s take a look at the Nissan and its specs:
2012 Nissan Versa S (Base)
Engine: 1.6L 4-Cyl Manual
Power: 109hp and 107tq
Fuel economy: 27 city/36 hwy
So for around $10k you can buy a compact sedan with virtually no standard features. That doesn’t seem like the smartest use of your money. Instead, keep the same budget but get yourself a much nicer ride! Let’s see a few examples of the great variety of vehicles for the same price or less on Mojo… More