Used car market price in May..Palisade XC90 Popular Family SUV Price Rises
May 09, 2025
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May is a time when household spending increases due to the Family Month holiday and the demand for used cars decreases slightly, but the average market price of domestic and imported cars rose 0.46% in May this month. Among them, the market price of high-demand models such as Palisade and XC90 has risen, while some SUV and sedan models are on the decline, making these models worth paying attention to.
Domestic car market prices edged down 0.06 percent on average compared to April. As a cost-effective vehicle, the Kia Sportage 5th Gen 2.0 2WD Nobles fell 1.40% month-on-month, the Kia Carnival 4th Gen fell 1.35% and the New Trax 1.4 LT Core, a small SUV, fell 1.93%.
Hybrid model Kia Sorento 4th generation HEV 1.62WD Gravity fell 0.88% and Hyundai The New Granger IG Hybrid Exclusive fell 0.95%. In addition, mid-size sedan Hyundai Sonata (DN8) 2.0 Inspiration fell 0.84 percent and Kia K5 3rd Generation 2.0 Novles fell 0.89 percent.
Meanwhile, some SUV models, which are in high demand for family cars, have seen their market prices rise, and compact cars have also been steadily strong thanks to demand for Entrica that continued from March to April.
Hyundai The New Palisade 2.2WD Calligraphy, popular for its large body and space utilization, saw its market price rise 3.23% month-on-month, while Genesis GV70 2.5T AWD edged up 0.11%. In addition, Hyundai Casper Inspiration rose 1.56%, extending its gains for the third straight month, while Chevrolet the New Spark Premier gained 3.04%.
This article was translated by Naver AI translator.