It doesn’t take a well thought out, intensive google search to see how expensive brand-new luxury cars are, today. With full-sized sedans like the BMW 3-Series and Mercedes C-Class cresting $60,000 with certain trims and options, it could explain why the used car market is booming right now. But if you’re on the market for a new car and want something modern (not everyone likes classic cars), iSeeCars.com released a study you can use as a cheat sheet to get deals on one-year-old luxury cars.
The study shows the cars most likely to be returned within one year of ownership, and the ones who top the list are luxury brands like BMW, Mercedes and Land Rover. Now, this doesn’t necessarily mean the cars are bad, car buyers or lesses in this segment tend to stick with what’s cutting edge, the newest of the new. The quick turnaround, however, works out insanely well for anyone shopping on the secondhand market.
Even with such low mileage, and barely being one-year-old, depreciation hits luxury cars reasonably hard. iSeeCars.com lists the Mercedes C-Class, BMW 3-Series, Land Rover Discovery Sport and the Range Rover Evoque as the cars most likely to be returned within a year and even though they’re not brand-new you can find 2018 model-year examples of each of those $10,000-$20,000 under their original MSRP. So if you want a luxury car, have a desire to save a heap of cash and don’t mind an already slightly broken-in driver’s seat, this is list is the right place to start shopping.
Mercedes-Benz C-Class
Percentage Resold Within a Year: 12.4%
BMW 3-Series
Percentage Resold Within a Year: 11.8%
Land Rover Discovery Sport
Percentage Resold Within a Year: 11.8%
Land Rover Evoque
