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Vehicles That Are A Better Bargain Buying New Instead Of Used

February 6, 2018

Usually you can get a better deal by purchasing a used car instead of a new one because of the depreciation.  But that not a universal statement especially for some cars and trucks.  While the average new cars loses about 34% of its value the second you drive them off the lot, others actually are a better deal to buy new rather than used.  I See Cars dot com analyzed over 6 million cars sold between August 1, 2017 and January 24, 2018 and found the list of 2017 & 2018 vehicles that lose the least amount of money when purchasing new. The Jeep Wrangler Unlimited depreciates about $3,200 over the first year.  That means you only save about 9% if you buy used over new.  Other vehicles that lose the least amount of value buying new are the Toyota Tacoma (10.4%), Toyota 4 Runner (12.7%), Nissan Frontier (13.3%), Honda Pilot (13.7%), Chevrolet Colorado (13.7%), Honda HR-V (13.8%), Jeep Renegade (14.1%) and Subaru WRX (14.2%). If you thought to yourself that this list consists mostly of trucks you'd be correct.  Generally trucks hold their value most out of all vehicles.  As for the vehicles that lose the most value, look no further than luxury cars. Cadillac XTS (38.7%) loses almost 40% of its value when buying new, followed by the Jeep Compass (34.8%), Mercedes E-Class (34.5%), Lincoln MKZ (33.7%) and Cadillac CTS (33.4%). 

SOURCE: Jalopnik

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