LOS ANGELES — Used car prices are starting to fall after rising steadily for much of the year.
Easing gas prices in much of the nation and more trade-ins coming back to dealers because new car sales have picked up are behind the decrease.
Used car prices are expected to decline 2 percent in June from May, according to the National Automobile Dealers Association Used Car Guide. Used truck prices are expected to dip 1 percent.
Some cars, especially fuel-efficient autos, will see much larger drops, the association said, as falling gas prices reduce demand for the vehicles.
The decline is evident in the latest prices for several of the best-selling passenger cars.
The price of a 2009 Toyota Camry rose 15 percent to $13,235 from January to May, but is projected to have fallen back $675, or 5 percent, to $12,560 in June.
The price of a 2011 Ford Fusion is expected to drop to $15,112 in June, down 4 percent from May. The Fusion price rose 10 percent from January to May.
After rising 12 percent to $21,225 from January to May, the price of a 2011 Toyota Prius is expected to fall $900, or 4 percent, to $20,325 in June.
The association said it expects to continue to see prices fall sharply for small and midsize cars in July.