Sunday, October 25, 2020
Top 10 Top 10 new cars sold after 1 year of ownership

Top 10 new cars sold after 1 year of ownership

This is an interesting list. iSeecars.com, a well-known website that helps consumers save money when buying used cars, has compiled a list of cars that are sold or returned after only one year of ownership.

By analyzing 24 million car sales in the US, occurred in calendar years 2015 and 2016 and relating only to 2015-2017 model years, iSeeCars discovered that, on average, only 1.5% of new cars are resold in the first 12 months. Armed with this information, they complied a list of 10 cars that far exceed this average.

As you’ll see, the German luxury car brands are especially prone to this practice. The explanation could be that the majority of them are leased and dealers are always keen to get new cars out the door. This would in turn explain why many BMWs (4 out of 10 on the list) are bargains on the used car market as it’s quite nearly flooded with them. Also, some of the cars on the list are no longer offered which could entice owners to unload their discontinued car in order to avoid even more depreciation. And lastly, there’s a WRX in the mix…

  1. Subaru Impreza WRX

1st Year Resale Rate: 3.3%

  1. Chrysler 200

1st Year Resale Rate: 3.8%

  1. Mercedes-Benz E-Class

1st Year Resale Rate: 3.9%

  1. BMW 4 Series

1st Year Resale Rate: 3.9%

  1. BMW X3

1st Year Resale Rate: 3.9%

  1. Dodge Dart

1st Year Resale Rate: 3.9%

  1. Nissan Versa Note

1st Year Resale Rate: 4.0%

  1. Mercedes-Benz C-Class

1st Year Resale Rate: 6.1%

  1. BMW 5 Series

1st Year Resale Rate: 7.1%

  1. BMW 3 Series

1st Year Resale Rate: 8.0%

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Matt St-Pierre
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai

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