The used-vehicle market analysts at iSeeCars.com have compiled a list of the cars and trucks most often traded in or resold less than a year after being purchased new. The top-10 list contains some surprising makes and models. In the number one and two spots are the Mercedes-Benz C-Class and BMW 3 Series, small luxury sedans that we consider very appealing.
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The Factors of Luxury Car Depreciation
What are the factors of luxury car depreciation? Like any car, luxurious cars depreciate, but often at a higher rate than the industry average. That means after five or 10 years, a car that once cost as much as a condo in some of Ontario’s smaller cities can become surprisingly attainable.
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New vs Used Car to Buy
Are you in the market for a new vehicle and want to choose between new vs used car? While it might feel great to buy brand new, there are a few advantages to buying used. The big advantage is cost – you will save thousands of dollars over your vehicle-owning life by purchasing used. Why? Depreciation.
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