Attention, SUV enthusiasts and bargain hunters! July 2024 has emerged as a prime month for securing exceptional deals on used SUVs. Price drops across the board mean this is the ideal time to turn that dream ride into a reality. Whether you’re eyeing a luxurious Land Rover or a quirky Nissan Cube, we’ve meticulously analyzed data from over 61 million vehicles to bring you the most significant price reductions and best discounts available this month. Buckle up and prepare to discover the top trends in the used SUV market!

Trends for best used SUV deals in July 2024

Luxury at lower prices: Land Rover Discovery steals the show

The Land Rover Discovery stands out this month with an impressive average price drop of 23.31% compared to a year ago. If luxury has always felt out of reach due to high costs, now is your chance to act.

Maserati Levante — A surprising bargain

The Maserati Levante has seen a significant 24.18% price decrease from last year, bringing the current average list price to around $40,577.

Electric dreams with the Tesla Model Y

For those ready to embrace electric vehicles, the Tesla Model Y offers an enticing 33.33% price drop from last year. With an average list price of around $33,037, going green has never been more economical.

Under-the-radar deals: Fiat 500X and Nissan Cube

If you’re looking for something unique, consider the Fiat 500X and the Nissan Cube. The Fiat 500X has enjoyed a 19.41% drop in price, while the Nissan Cube’s price has decreased by 16.54%. With average list prices of $13,875 and $6,881 respectively, these quirky models are perfect for budget-conscious buyers.

Luxury SUVs for less: Audi E-Tron and Alfa Romeo Stelvio

Electric and stylish, both the Audi E-Tron and Alfa Romeo Stelvio have seen substantial price decreases. The Audi E-Tron is down by 31.37%, and the Alfa Romeo Stelvio by 24%. These discounts bring the E-Tron to around $33,533 and the Stelvio to $25,486, making luxury more affordable than ever.

Top 10 SUV Deals in July 2024

Focusing on the average discount seen from list to sale in the last 30 days for our ranking:

1. Land Rover Discovery

The Discovery tops our list but has seen moderate discounts, suggesting high desirability.

• Average listed vehicle mileage: 52,193.44
• Average initial list price: $39,098
• Average final list price: $38,130
• Average price change 30 to 60 days ago: -0.36%
• Average discount seen from list to sale: 2.50%
• Market share: 11,236 VINs

2. Maserati Levante

The Levantehas also seen a similar discount to the Discovery at 2.50%, showing stable demand despite higher listing prices.

• Average listed vehicle mileage: 28,689.2
• Average initial list price: $61,448
• Average final list price: $59,935
• Average price change 30 to 60 days ago: 7.35%
• Average discount seen from list to sale: 2.50%
• Market share: 7,961 VINs

3. Jaguar E-Pace

The E-Pace has a slightly smaller discount compared to the Discovery and Levante, indicative of lower initial list prices.

• Average listed vehicle mileage: 33,462.47
• Average initial list price: $33,941
• Average final list price: $33,115
• Average price change 30 to 60 days ago: -2.72%
• Average discount seen from list to sale: 2.40%
• Market share: 4,875 VINs

4. Land Rover Discovery Sport

Just a bit behind the E-Pace in terms of discounts, this Discovery Sport model shows steady pricing and fair discounts.

• Average listed vehicle mileage: 46,853.46
• Average initial list price: $29,226
• Average final list price: $28,542
• Average price change 30 to 60 days ago: 0.22%
• Average discount seen from list to sale: 2.30%
• Market share: 22,214 VINs

5. Fiat 500X

The 500Xobserves similar discounts as the Discovery Sport, balanced by lower initial prices and steady demand.

• Average listed vehicle mileage: 58,287.2
• Average initial list price: $17,586
• Average final list price: $17,179
• Average price change 30 to 60 days ago: -0.51%
• Average discount seen from list to sale: 2.30%
• Market share: 6,895 VINs

6. Tesla Model X

The Model X sees slightly lower discounts, reflecting its robust market position despite higher price points.

• Average listed vehicle mileage: 43,247.63
• Average initial list price: $66,969
• Average final list price: $65,458
• Average price change 30 to 60 days ago: 2.61%
• Average discount seen from list to sale: 2.30%
• Market share: 20,363 VINs

7. Tesla Model Y

TheModel Y offers small discounts aligned with newer models and significant recent list prices corrections.

• Average listed vehicle mileage: 27,552.3
• Average initial list price: $47,127
• Average final list price: $46,072
• Average price change 30 to 60 days ago: -2.65%
• Average discount seen from list to sale: 2.20%
• Market share: 40,461 VINs

8. Audi E-Tron

The E-Tron features similar discount levels despite severe price corrections, denoting strong overall value.

• Average listed vehicle mileage: 22,885.14
• Average initial list price: $54,536
• Average final list price: $53,336
• Average price change 30 to 60 days ago: -1.10%
• Average discount seen from list to sale: 2.20%
• Market share: 7,836 VINs

9. Alfa Romeo Stelvio

The Stelviosees a moderate discount, combined with a substantial reduction in listing prices over the past year.

• Average listed vehicle mileage: 28,457.97
• Average initial list price: $35,123
• Average final list price: $34,370
• Average price change 30 to 60 days ago: -3.19%
• Average discount seen from list to sale: 2.10%
• Market share: 20,316 VINs

10. Nissan Cube

The Cubesees the smallest discount on our list, perhaps due to its already lower list prices and longer market presence.

• Average listed vehicle mileage: 122,703.0
• Average initial list price: $8,583
• Average final list price: $8,404
• Average price change 30 to 60 days ago: -6.32%
• Average discount seen from list to sale: 2.10%
• Market share: 3,215 VINs

This July, the used SUV market is ripe with opportunities for everyone—from luxury seekers to budget-conscious buyers. By leveraging the significant price reductions and deeply analyzing vehicle history, you can make better informed decisions that help ensure value and reliability. Whether it’s the luxury allure of the Land Rover Discovery or the economical charm of the Fiat 500X, your dream SUV could be within reach.

To take the next step, arm yourself with a Bumper.com vehicle history report to help uncover any hidden secrets about your desired car. These resources will help you make a purchase with confidence, ensuring you drive away pleased with your investment.

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.