The Ford Fusion may be discontinued, but it’s still racking up accolades, most recently being named one of the best used cars for teens that cost less than $20k by Consumer Reports, as well as one of the best five-year-old used hybrid sedans and hatchbacks with the best fuel economy by the same consumer organization. The 2019 Ford Fusion, in particular, has been recognized for its tremendous value recently, with the Energi variant landing on Edmunds’ list of used cars with the largest price drop in 2022, and it was also joined by the Ford EcoSport in that regard. However, the non-electrified 2019 Ford Fusion also made the cut as a solid buy at the moment.
2019 Ford Fusion average transaction prices peaked back in January at $22,578, but fell to $20,443 in July, a decrease of $2,135 or 9.5 percent. That latter figure was good enough to rank the 2019 Fusion ninth on this list, behind the number-one ranked Fusion Energi (17.7 percent), Toyota Prius (16.5 percent), Nissan Murano (12.2 percent), GMC Yukon (11.6 percent), Toyota RAV4 Hybrid (11.5 percent), EcoSport (11 percent), Mazda 3 (11 percent), Mitsubishi Eclipse Cross (10.5 percent), and Nissan Armada (9.2 percent).
These vehicles aren’t alone in terms of falling prices, however, as Edmunds found that among 200 different three-year-old vehicles, 92.8 percent experienced a drop of some sort last month compared to peak pricing this year. The average transaction price for three-year-old vehicles was $31,302 in July, a 4.6 percent decrease, or $1,526 compared to the peak ATP of $32,828 in January. Seasonality is playing a bit of a role in this trend, but so is an increase in inventory.
“Car shoppers can’t expect to find anything close to the doorbuster bargains of pre-pandemic Labor Day sales, but they can at least look forward to used car prices softening across the board heading into the holiday weekend,” said Jessica Caldwell, Edmunds’ executive director of insights. “Although these price drops are not earth-shattering, they should be a welcome reprieve for consumers compared to the continued higher cost of new car purchases or leases.”