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The Best Used Car Bargains

The Best Used Car Bargains
Wednesday, September 11, 2019
Luxury Cars, Cars, Autos, Used Cars,

These are the smartest buys on lightly-used SUVs, electric cars, luxury cars and cars under $20,000.


One of the most important expenses of owning a replacement automotive is really one in all the best to eliminate. it isn't insurance or gas -- it's depreciation. consistent with abdominal aortic aneurysm, depreciation accounts for pretty much four-hundredth of of the price of a replacement automotive, roughly $3,000 a year. thus if you want to feature another $3,000 to your bank account each year, shopping for a gently used automotive is one in all the best moves you'll build.


In recent years, Associate in Nursing flow of automotives returning off lease square measure deeply discounted and supply bargains for used car shoppers, consistent with machine computer programme iSeeCars.com, that analyzed over four.8 million automotive sales to spot models with the best loss in price when 3 years, once most chartered automotives enter the used car market.

The average vehicle depreciates thirty eight.2% in this time, consistent with iSeeCars, whereas these highest-depreciating vehicles lose over 1/2 their price, leading to vital savings for savvy shoppers opting to shop for a second hand automotive in favor of a replacement one.

These square measure the simplest bargains on lightly-used cars beneath $20,000, followed by the simplest 3-year-old SUVs, electrical cars, and luxury cars to seem for.
Best Bargains Under $20,000

1. Lincoln MKZ



Luxury Cars, Cars, Autos, Used Cars,



Avg. 3-year-old used price: $19,855
3-year depreciation: 55.6%
Depreciation compared to average: 1.4x

The starting price for a new, 2019 Lincoln MKZ is $36,750, and with a 3-year depreciation of 55.6% (the average is 38.2%) it depreciates at a rate of 1.4 times the average vehicle. Want to save almost $17,000? Consider buying a used one.

2. Kia Cadenza

Luxury Cars, Cars, Autos, Used Cars,

Avg. 3-year-old used price: $19,508
3-year depreciation: 50.2%
Depreciation compared to average: 1.3x

3. Ford Fusion Hybrid


Luxury Cars, Cars, Autos, Used Cars,

Avg. 3-year-old used price: $14,844
3-year depreciation: 49.7%
Depreciation compared to average: 1.3x

4. Chevrolet Impala

Luxury Cars, Cars, Autos, Used Cars,

Avg. 3-year-old used price: $17,745
3-year depreciation: 49.4%
Depreciation compared to average: 1.3x


5. Kia Optima Hybrid

Luxury Cars, Cars, Autos, Used Cars,

Avg. 3-year-old used price: $16,381
3-year depreciation: 49.2%
Depreciation compared to average: 1.3x

6. Fiat 500L


Luxury Cars, Cars, Autos, Used Cars,

Avg. 3-year-old used price: $13,403
3-year depreciation: 49.1%
Depreciation compared to average: 1.2x

7. Ford Taurus


Luxury Cars, Cars, Autos, Used Cars,

Avg. 3-year-old used price: $17,587
3-year depreciation: 48.7%
Depreciation compared to average: 1.2x



Source thestreet.com
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