As we look ahead to 2025, the automotive market is set for a shake-up, and car prices are expected to follow suit. If you’re in the market for a reliable vehicle, it may be worth holding off for a little while. With new models on the horizon, a surge in electric vehicle (EV) offerings, and rising inventories, we could see significant price drops across some of the most popular cars.
Predictions suggest that new car prices could drop by 3-5% by late 2025. Here are six models to watch if reliability and affordability are at the top of your list in the coming year.
Toyota Camry:
The Toyota Camry has long been a top choice for those seeking a dependable, no-frills sedan. With a reputation for longevity and low maintenance costs, it consistently ranks among the most reliable vehicles on the market.
The good news: as Toyota introduces new models and further expands into the EV space, older versions of the Camry could become more affordable. While the latest models are packed with advanced tech, safety features, and sleek designs, older versions will still offer the Camry’s hallmark dependability—just at a more attractive price point in 2025.
Ford Mustang Mach-E:
As the EV market continues to boom, more affordable electric models are flooding the market, and this could lead to price drops for existing models like the Ford Mustang Mach-E, which was a major hit upon its release.
Earlier this year, Ford reduced the price of the Mach-E following a dip in sales. With new, lower-cost EVs from Ford and other manufacturers expected to hit the market, older models like the Mach-E could see further reductions to stay competitive. If you’re eyeing this sleek electric crossover, 2025 might be your chance to snag one at a discount.
Chevrolet Bolt:
One of the pioneers of affordable electric cars, the Chevrolet Bolt, is also expected to see a significant price drop next year. As competitors like Tesla, Hyundai, and Kia roll out more budget-friendly EVs, older Bolt models will likely need to be discounted to stay in the game.
If you’re looking to transition to electric without the hefty price tag of the latest models, the Bolt could be a solid choice. Known for its good range and compact size, the 2022 and 2023 models in particular may offer fantastic value as they enter the used market in greater numbers.
Nissan Leaf:
Another EV that could see a price dip in 2025 is the Nissan Leaf. This reliable electric car is perfect for anyone looking to transition to an all-electric lifestyle. However, with advancements in battery technology and growing competition from newer EVs, older Leaf models are likely to become more affordable.
The car’s outdated ChaDeMo charger is becoming harder to find, which could reduce demand and prompt dealerships to cut prices in 2025. If you’re comfortable with a slightly older model, the Nissan Leaf could be a smart buy for those wanting a budget-friendly, eco-conscious vehicle.
Kia Forte:
The Kia Forte has carved out its place as a reliable and budget-friendly sedan. In 2025, we could see prices for the 2022-2024 models decrease as Kia rolls out newer designs and features, keeping the Forte an appealing option for those on a budget.
Already listed on Kelley Blue Book’s Cheapest Cars of 2024-2025, the Forte’s price drop could make it even more attractive to value-conscious buyers. For a solid, reliable sedan, the Forte might just be one of the best bargains of the coming year.
All in all, 2025 is shaping up to be an exciting year for car buyers. With potential price drops across several well-known models, it could be a great time to score a deal on a reliable, affordable vehicle—whether you’re going electric or sticking with a trusted sedan.
