In Brazil, the Chery Tiggo 7 had the largest month-on-month decline in FIPE reference prices among the used models covered in a November 2026 analysis. Its median price fell 1.7% from October to R$126,007. The study examined used cars, excluding new vehicles, among the 40 models with the highest sales from January to September; 34 met its criteria.

The Volkswagen Tera followed with a 1.5% decrease and a median FIPE price of R$110,220. The Toyota Corolla Cross was down 1.4%, to R$152,406. Overall, 30 of the 34 models recorded lower prices in November, while four rose. The Fiat Mobi led the gainers, increasing 0.3% to a median of R$43,684.

Over the 12 months to November 2026, the largest decline belonged to the GWM Haval H6, at 10.3%; it fell 1.0% in November alone. The reported changes are nominal and do not account for inflation. The analysis compared matching FIPE codes and model years between October and November, then used the median change across each model’s versions. FIPE figures are reference averages, not guaranteed transaction prices.