Study: These are the top 20 cars to buy new instead of used
The wild ups and downs in the auto market over the past few years have made it difficult to determine when a car price is a good value or a ripoff. Though things are slowly returning to normal, new vehicle inventory shortages caused many used prices to climb. A recent iSeeCars study found that some used models’ prices have remained elevated to the point that it’s a better idea to buy new, and so the study offers these top 20 cars to buy new.
iSeeCars executive analyst Karl Brauer said, “Buyers seeking a used car value should avoid these cars, which offer less than a 10 percent savings compared to a brand-new model. At these prices, shoppers are better off simply buying a new model and getting the full new-car experience at a slightly higher cost.” However, it’s important to point out that the numbers iSeeCars listed are averages, so it might be possible to find a used bargain despite the not-so-promising study results.
The list of the top 20 cars to buy new includes a few with more than 8% depreciation, but all models in the top 10 had less than 6% depreciation over their first year of use:
Top 20 Cars To Buy New vs. Lightly Used – iSeeCars Study | ||||
Rank | Model | % Difference Used Over New | $ Difference Used Over New | Used Price |
1 | 2.8% | $4,067 | $147,311 | |
2 | -0.1% | -$21 | $18,682 | |
3 | -2.3% | -$4,587 | $196,112 | |
4 | -4.1% | -$1,385 | $32,505 | |
5 | -4.4% | -$1,474 | $32,039 | |
6 | -4.6% | -$3,737 | $77,653 | |
7 | -5.0% | -$1,359 | $26,038 | |
8 | -5.3% | -$2,131 | $37,727 | |
9 | -5.5% | -$1,577 | $26,934 | |
10 | -5.9% | -$2,085 | $33,397 | |
11 | -6.9% | -$5,993 | $80,471 | |
12 | -7.1% | -$1,480 | $19,452 | |
13 | -7.5% | -$2,963 | $36,474 | |
14 | -7.9% | -$2,131 | $24,838 | |
15 | -8.1% | -$6,079 | $69,042 | |
16 | -8.3% | -$3,867 | $42,649 | |
17 | -8.4% | -$6,945 | $76,050 | |
18 | -8.5% | -$3,782 | $40,648 | |
19 | -8.5% | -$5,678 | $60,787 | |
20 | -8.8% | -$2,700 | $28,006 | |
Overall Average | -12.8% | -$5,778 | $39,328 |