Forbes Names 10 Vehicles That Are Better Deals To Buy New Instead Of Used
Washington DC February 20, 2020; The AIADA reported that much has been said about the swelling wave of two- and three-year old off-lease used vehicles returning to dealers' lots for the benefit of those who are otherwise priced out of the new vehicle market.
There's no denying that, at an average price of around $37,000 being the first owner of a given model can be a pricey proposition. Yet, according to Forbes, there are advantages to choosing a shiny new ride instead of even a recent vintage pre-owned model. That's according to a study of over six million new and used-car transactions monitored between August 2019 and January 2020 by the automotive data and research company iSeeCars.com.
The website identifies 10 vehicles from the 2020 model year that are projected to hold onto their resale values so tenaciously, there's far less financial advantage to choosing a one-year-old version. While the average car loses around 20 percent of its original value after a year on the road, the top performers in this regard, led by the full-electric Tesla Model 3 sedan, drop far less than half that amount. To see the list of all ten vehicles to buy new, click here.