Top 10 Cars With The Worst Early Resale Value
There are a lot of great deals out there for car buyers who like to buy slightly used, rather than a brand new car.
The list below takes a look at the span of depreciation between the vehicle's manufacturer's suggested retail price (MSRP) when purchased new and the current wholesale prices the vehicle sold for when going through various used-car auctions.
Consumers may not see as big of savings in their local market as reported on this list. However, if you could just get half of the savings, you'll be way ahead of the game.
The company behind this study is a used car website by the name Carlypso. To compile the list, they compared the 2015 retail sticker prices of the vehicles to their one year sales values at wholesale used car auctions. They tracked over 46,000 transactions on 300 different models to come up with the list below.
The number one vehicle with the worst one year depreciation span is the 2015 Nissan Leaf. One of the best-selling electric cars in 2015, the Leaf, priced new between $29,010 to $35,120 depending on how it's equipped, is eligible for manufacturer discounts, individual dealer discounts, and up to $7,500 in tax credits just like and other new electric vehicle. These types of discounts catch up with a vehicle when it's resold and placed back into the marketplace. Nissan has been actively communicating with its dealers looking into additional strategies to help preserve the Leaf's resale value with its off-lease vehicles.
Before the test, many people in the industry predicted there would only be expensive highline or luxury cars on the list. As you can see, it didn't turn out that way. There's only one high-end luxury car on the list and it's the Mercedes-Benz SL. With a sticker price anywhere between $84,000 and $149,700 new and a 41 percent hit on depreciation, it ended up in third place on the list. The 2015 Cadillac CTS just made it on the list at number ten with a 34 percent depreciation hit also.
There are no full size pickup trucks, sport utility vehicles or crossovers on the list. The only van on the list is the 2015 Chevrolet Express at number seven. The full-size Express van is normally sold as a commercial vehicle, it averages a first year depreciation hit of 37 percent.
Competition Between Dealers Always Gets You the Best Price
When negotiating the price of a new minivan, it's important to know the dealer invoice price and what other people are paying for the same vehicle in your local area. Otherwise, you won't know what a good price is to pay for the vehicle.
I highly recommend using an online referral service such as CarClearanceDeals or Edmunds, their quotes will automatically include any discounts or cash-back incentives currently available.
Top 10 2015 Model New Cars With The Worst Early Resale Value
Turn Device Sideways to View
||Year, Make, and Model of Minivan
||Percent of Depreciation
||2015 Nissan Leaf
||2015 Dodge Charger
||2015 Mercedes-Benz SL-Class
||2015 Chevrolet Camaro
||2015 Kia Cadenza
||2015 Volkswagen Beetle
||2015 Chevrolet Express
||2015 Mitsubishi Lancer
||2015 Kia Optima
||2015 Cadillac CTS
Most Recent Car Buying News and Shopping Tips
September 30, 2018
Top 10 End of the Model Year New Car Buying Tips
If you're looking to get the most bang for your buck when shopping for a new vehicle, waiting to buy at the end of the manufacturer's current model year is a great way to potentially save hundreds.... READ MORE >>
Past Blogs, Car Buying Tips, and News
September 1, 2018
Should I Buy a Rental Car?
Potential benefits of buying a rental car include competitive prices, transparency and ease of shopping. But should you really steer clear of these vehicles that dozens of strangers have already driven.... READ MORE >>
July 31, 2018
How to Avoid Car Salesman Tactics and Techniques
The car salesman has you at a disadvantage. You see, he hones his car selling skills five or six days a week while you only buy a car once every three, four or five years. That doesn't mean they will lie.... READ MORE >>
June 30, 2018
Top 10 Car Buying Mistakes to Avoid
Buying a car is exciting and it's very easy to get carried away. You drive off the lot with a big grin on your face, but then a few days later realize you've made one of the common car buying mistakes. That's when... READ MORE >>
April 2, 2018
How to Buy a Used Car Online & Avoid the Dealership
Buying a used car from a dealership can be painful. Used car salespeople are often hard to work with. Even though some are charming and delightful you're usually left wondering if they just made a fat profit from... READ MORE >>
March 1, 2018
Should You Buy or Lease Your Next Car?
For some people leasing is a great deal, for others not so much. If you've ever wondered whether you should buy or lease a car, this article's for you. We'll go through the advantages and disadvantages of leasing... READ MORE >>
February 7, 2018
5 Simple Car Buying Tips That Actually Work
Car dealers are smart business people, experts in their field. They won't do a deal unless it's somehow right for them. It's in your best interest to adopt the same attitude when buying your next car... READ MORE >>
January 21, 2018
How to Sell a Car Online the Easy Way
For most people the exciting business of buying a car comes with a tiresome chore: selling the old car. Many car buyers choose to trade their old vehicle, but regular readers will know we're not fans... READ MORE >>
2017 Car Buying Blog Posts and Articles
December 28, 2017
How to Choose a Reputable Car Dealership
So you've decided it's time for a new car, new to you at least. You've done your research and narrowed it down to a particular brand, maybe even a specific make and model. But have you considered who you will... READ MORE >>
Dec 3, 2017
Top 10 Tips For Buying a Car at the End of the Year
The end of the calendar year can be a great time to get a deal on a new or used car. There's more to it than just strolling into the dealership on New Year's Eve though. Getting the lowest possible price takes... READ MORE >>
Nov 16, 2017
Black Friday Car Buying Tips
Is Black Friday a good day to go car shopping? It really depends on how you decide to go about it. We're a nation of bargain hunters. That's why Black Friday has become so big. Last year some 154 million... READ MORE >>
Oct 28, 2017
Why You Should Do Your Automobile Shopping Online
Bored, irritated, frustrated. No, not a hormonal teenager but a description of someone trying to buy a car in a dealership. All you want to do is get some information about cars and It's like the sales people... READ MORE >>
Sept 2, 2017
Flood Damaged Cars are Trouble; Buyer Beware
Flood damage is expensive to repair, so vehicles that have been flooded are often totaled by their insurance companies. Many will then be repaired and resold. Such vehicles should be identified on the title but... READ MORE >>
Aug 26, 2017
New Car Leasing Pros and Cons
We're all taught that if something looks too good to be true, it probably is. So what does that mean for those deals you see advertised everywhere? Can you really drive a new Lexus, BMW or Mercedes for $350... READ MORE >>
July 23, 2017
How Much Car Can I Afford?
Car buying guides always stress the importance of setting a budget before you start shopping. The reason is that without a hard limit you're likely to leave the dealership having spent much more than you wanted... READ MORE >>
May 23, 2017
Car Shopping Online Will Save You Money
Most people buy their music and books over the internet. You might even have bought your last vacation that way. So why do car buyers persist in visiting dealerships... READ MORE >>
April 1, 2017
Should I Buy a New or Used Vehicle
What should you buy, new or used? At first glance a used car seems to be the sensible choice. But if that's true, why do some 17 million Americans splurge on a new vehicle each year? They can't all be reckless spendthrifts... READ MORE >>
May 22, 2016
May 13, 2016
May 8, 2016
May 1, 2016
April 2016 Articles
April 24, 2016
April 17, 2016
April 10, 2016
April 3, 2016
Older Blog Posts and Car Buying Articles