Top 10 Used Minivans to Buy in March 2024

In the realm of family transportation, used minivans stand out as the optimum blend of spaciousness, features, and financial savvy for discerning buyers. The timing is ideal for those considering buying a used minivan. Bumper.com’s exhaustive analysis, leveraging an extensive dataset comprising over 50 million vehicles, sheds light on the top 10 used minivans.

Our focus on vehicles showing the largest price reductions year-over-year indicates a favorable market for potential used minivan buyers. Yet, it’s crucial to recognize that a drop in price doesn’t necessarily suggest a decrease in value, but may also reflect broader market trends and inventory shifts. Employing VIN decoding can reveal additional specifics, like trim levels and amenities, enabling a more informed and value-oriented purchasing decision. As we navigate the vibrant market for family-centric transport, let these trends guide you to a smart, value-rich choice in your forthcoming used minivan purchase.

Key trends in the used minivan category

 

1. Price reductions fueling buyer interest

Noticeable declines in pricing, such as over 7% observed in the Ram ProMaster City’s 30-day average, present an opportune moment for consumers to secure vehicles at appreciably lower costs than in the preceding month, signaling a potentially advantageous buying window.

2. Balancing age against mileage

The enduring value of older models like the Dodge Caravan/Grand Caravan and Chrysler Town and Country, despite their advanced years, underscores the necessity of consulting vehicle history reports to weigh up their advantages against their generally higher mileage.

3. Popularity mirrored by market availability

A healthy number of vehicles on the market indicates ample availability and the popularity of models such as the Dodge Grand Caravan, encouraging buyers to explore extensive inventories for their ideal fit.

4. Deciphering depreciation rates

Variability in depreciation rates, from the minimal year-over-year decline seen with the Kia Carnival to more pronounced price dips, offers insight into value retention and potential savings.

5. Negotiation leverage from final price vs. initial listing price

The disparity between final sale prices and initial listings, exemplified by the Ram ProMaster City’s close margin and the Dodge Caravan/Grand Caravan’s wider gap, hints at potential negotiation space.

Top 10 minivan analysis

1. Ram ProMaster City

Leads the list with a notable depreciation over the year, making it a potential good buy for bargain hunters.

• Average Price Change YoY: -21.73%
• Average Price Today: $26,745.97
• Average Days on Market: 79.32
• Average Odometer Reading: 6249.85
• Percent of Original Listing Price: 99.80%

2. Dodge Caravan/Grand Caravan

Stands out for its affordability and is significantly older on average compared to others on the list.

• Average Price Change YoY: -1.25%
• Average Price Today: $5,749.44
• Average Days on Market: 52.74
• Average Odometer Reading: 144734.44
• Percent of Original Listing Price: 93.60%

3. Dodge Grand Caravan

It is also reasonably priced and retains slightly more of its original listing price than the regular Grand Caravan, despite the larger year-over-year change.

• Average Price Change YoY: -14.46%
• Average Price Today: $13,660.85
• Average Days on Market: 65.08
• Average Odometer Reading: 91145.75
• Percent of Original Listing Price: 94.50%

4. Chrysler Town and Country

Has seen a modest year-over-year price reduction, suggesting it holds its value relatively well, despite its age.

• Average Price Change YoY: -8.88%
• Average Price Today: $9,776.53
• Average Days on Market: 51.24
• Average Odometer Reading: 123328.24
• Percent of Original Listing Price: 96.00%

5. Honda Odyssey

Reflects a mid-range price with a minor price drop over the year, suggesting stable demand for this make and model.

• Average Price Change YoY: -7.69%
• Average Price Today: $20,407.43
• Average Days on Market: 50.23
• Average Odometer Reading: 93211.77
• Percent of Original Listing Price: 95.70%

6. Kia Sedona

Has experienced significant price adjustments in the past year, indicating potential for those looking for deals.

• Average Price Change YoY: -14.27%
• Average Price Today: $14,763.91
• Average Days on Market: 58.69
• Average Odometer Reading: 87846.95
• Percent of Original Listing Price: 94.40%

7. Toyota Sienna

Demonstrates modest annual price changes and holds its value comparatively well, making it a solid choice for reliability.

• Average Price Change YoY: -6.35%
• Average Price Today: $25,193.25
• Average Days on Market: 51.78
• Average Odometer Reading: 84430.28
• Percent of Original Listing Price: 96.50%

8. Chrysler Pacifica

Has seen a significant drop in average price over the last year, indicating a potential buyer’s market for this model.

• Average Price Change YoY: -16.33%
• Average Price Today: $24,605.52
• Average Days on Market: 64.73
• Average Odometer Reading: 53872.69
• Percent of Original Listing Price: 95.00%

9. Kia Carnival

Showcases a slight increase in the 30-day average price and the highest price average on this list, indicating its newer market entry and slower depreciation.

• Average Price Change YoY: -18.49%
• Average Price Today: $33,782.19
• Average Days on Market: 61.86
• Average Odometer Reading: 27741.03
• Percent of Original Listing Price: 94.20%

10. Chrysler Voyager

Offers a balance of relative youth with mild price changes over the year, suggesting steady demand.

• Average Price Change YoY: -1.72%
• Average Price Today: $21,666.46
• Average Days on Market: 70.82
• Average Odometer Reading: 64879.35
• Percent of Original Listing Price: 97.30%

This collection of minivans provides a range from high to low average prices, reflecting a broad spectrum of depreciation, market demand, and overall value retention.

AI Disclaimer: The images presented here were created using artificial intelligence (AI) technology. While we strive for accuracy, they are artistic representations and may not depict exact or true-to-life details. We do not guarantee the accuracy, relevance, or completeness of any information in these images. For accurate and detailed representations, we recommend consulting the vehicle manufacturer directly.