Our Promise to You
At GOBankingRates, we prioritize transparency by providing you with honest, data-driven evaluations of financial products and services. Our editorial team is dedicated to maintaining unbiased reviews, uninfluenced by advertisers. Discover more about our stringent editorial guidelines and review methodologies on our site.
20 Years
Enhancing Financial Lives
Trusted by
Millions
Thinking about buying a new car? Consider waiting until fall 2025. Expect prices for reliable cars to drop significantly, making it the perfect time to find a dependable vehicle at a reduced cost. Many top brands are set to cut prices due to several influencing factors, presenting a fantastic opportunity for prospective buyers.
Our conversations with seasoned automotive experts reveal which brands and models will likely offer substantial savings. Read on for insights and get ready for your test drives.
Anticipated Price Drops: Honda Pilot 2022-2024
- 2024 Honda Pilot Starting Price: $38,540
With a redesigned 2026 Honda Pilot on the horizon, the current models will likely see a notable price drop. Marc Skirvin, president of Cash Auto Salvage, underlines these SUVs’ robust reliability and enduring V6 engines. Pilots usually end up in salvage yards due to accidents rather than mechanical failures.
Opportunity: Toyota Camry Hybrid 2021-2023
- Used 2023 Toyota Camry Hybrid Starting Price: $27,311
As electric vehicles gain popularity, the Toyota Camry Hybrid will become more affordable. Skirvin points out this model’s long-lasting hybrid powertrain, often surpassing 200,000 miles without significant issues—a wise choice for those not ready for full electric cars yet valuing fuel efficiency.
Reliable Subaru Outback 2022-2024
- 2024 Subaru Outback Starting Price: $30,240
Planning to revamp for 2026, Subaru is offering great deals on current Outback models. Known for exceptional AWD systems and dependability, these wagons are ideal for families seeking reliability without the complexities of turbocharged engines.
Mazda CX-5: A Cost-effective SUV
- Used 2023 Mazda CX-5 Starting Price: $23,258
As new competitors emerge, Mazda CX-5 prices will decline. This crossover is praised for its proven powertrains, offering buyers dependable transportation without the extra costs of modern features—a budget-friendly choice without losing quality.
Explore Discounts: BMW 5-Series Hybrid
- 2025 BMW 5-Series Hybrid Starting Price: $59,875
The BMW 5-Series Hybrid is already available at reduced prices, with further cuts anticipated. Lauren Fix from Car Coach Reports suggests exploring these promising deals.
Consider the Ford Explorer Hybrid
- 2025 Ford Explorer Hybrid Starting Price: $41,450
Now is a great time to consider the Ford Explorer Hybrid. Prices have dropped, and more reductions are expected, making it a cost-effective option for those interested in hybrid SUVs.
Dive into Tesla’s Options: Models S, Y, 3, and X
- 2025 Tesla Model S Starting Price: $81,880
- 2025 Tesla Model Y Starting Price: $46,880
- 2025 Tesla Model 3 Starting Price: $44,130
- 2025 Tesla Model X Starting Price: $86,880
For those eyeing electric vehicles, Tesla offers substantial price reductions in the used market. Fix notes that these models not only promise savings on purchase but also reduce fuel expenses.
Editor’s note: All vehicle prices were sourced from Kelley Blue Book (KBB).