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12 Cars that Depreciate the Most (and better to buy used)

These 12 cars offer the best value when buying it lightly used instead of brand new.

12 Cars that Depreciate the Most (and better to buy used)

It’s fun to drive a shiny, brand new car off the lot with that new car smell, but a new study from iSeeCars.com gives the top twelve vehicles that lost the most money the second they drive off the lot. They analyzed more than 14 million cars sold from August 1, 2015 to July 31, 2016, excluding models with fewer than 250 new and 250 used cars sold. The average asking prices of year-old cars were compared to those of new cars from the same model, with the “difference in price expressed as a percentage of the new model average price. This percentage was then compared to the overall percentage difference across all models.”

The researchers discovered that the average price difference between a new car and a lightly used car was 21.2%, ranging from $6,099 to $19,966 in savings. A lightly used car is defined as a vehicle from the 2014-2015 model years with mileage within 20% of 13,476 (which is the average annual miles traveled in the U.S., according to the Department of Transportation).

Here are the 12 vehicles that offer the best value when purchasing a lightly used vehicle instead of a brand new one, with price differences between 31.2% to 34.6% - at least 1.5 times more than the overall average.

1. Fiat 500L

Price Difference: $8,096 less
% Price Difference: -34.6%

2. Lincoln MKS

Price Difference: $16,039 less
% Price Difference: -34.5%

3. Volvo S60

Price Difference: $14,204 less
% Price Difference: -34.3%

4. Kia Cadenza

Price Difference: $12,940 less
% Price Difference: -34.3%

5. Mercedes C250

Price Difference: $15,247 less
% Price Difference: -34.3%

6. Nissan Maxima

Price Difference: $12,469 less
% Price Difference: -34.0%

7. Lincoln MKS + MKZ Hybrid

Price Difference: $14,177 less
% Price Difference: -33.8%

8. Jaguar XF

Price Difference: $19,966 less
% Price Difference: -32.3%

9. Fiat 500

Price Difference: $11,106 less
% Price Difference: -31.9%

10. Cadillac ATS

Price Difference: $6,099 less
% Price Difference: -31.8%

11. Chrysler 300

Price Difference: $13,351 less
% Price Difference: -31.7%

12. Buick Regal

Price Difference: $11,525 less
% Price Difference: -31.2%v

Financially speaking, it almost always makes sense to buy a newer used car if you want the most for your money. Check out Instamotor’s inventory to find one of these vehicles near you.

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The Instamotor TeamThe Instamotor Team

Not your typical used car salesman. Our team is here to provide honest and transparent advice about car buying and selling.

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