(August 11, 2011) BURLINGAME (PRNewswire) — According to CarWoo!, an  online marketplace for car buyers and sellers, prices for new car buyers improved 7% over June.  Nissan and Ford remained the discount leaders offering 10.38% and 8.38% discounts off MSRP respectively.

Prices, which appeared to have reached their highest levels in May and early June, are generally showing steady consumer improvement.  Toyota prices dropped by 5% in July to 5.64% off MSRP while Honda prices held steady at a 4.1% discount.  Notwithstanding its online popularity, Audi's discount dropped from 4.22% in June to 2.1% in July.

According to Tommy McClung, CarWoo! CEO, "We are seeing a steady drop in prices across the board. As inventory levels stabilize later in August, we anticipate major prices wars starting up.  Early fall looks like it could be a great time to buy a car."

The most popular makes for online car buyers remained Toyota and Honda, with Toyota once again passing Honda to retake the top spot in buyer popularity.  Audi jumped to be the fourth most popular vehicle, moving up from the twelfth position in June. Ford moved up from fifth place in June to third in July.  Nissan dropped from third in June to fifth in July. BMW was the biggest loser online dropping from fourth in June to seventh in July.

CarWoo! MarketPlace prices include incentives.