Depreciation cuts both ways. If you’re looking to buy a new luxury car that will hold its value, you’ll want to head HERE to read our list of the 18 vehicles expected to depreciate the least. But not everyone wants to pay full price for a new car. Some prefer to wait a few years so they can buy used and get a heavily depreciated bargain.
If you’re part of the second group, we went through IntelliChoice’s depreciation data for last year to find the cars that you can expect to get hit hardest by depreciation. Five years from now, these 21 cars should all be worth less than 40 percent of their original value.
Lincoln Continental – 39.9%
If you can look past the occasionally harsh ride and inconsistent material quality, the Continental has the potential to be a luxury bargain. Especially if you can find one with the twin-turbo V-6. The 400 hp is great, but it’s even better at a big discount.
Genesis G80 – 39.7%
A new G80 is already a bargain, costing far less than the comparably equipped German alternatives. But probably due in part to Genesis being a new brand without much name recognition, the G80 depreciates quickly. Five years from now, that will just make it an even better deal.
Mercedes-Benz CLS – 39.5%
Ever since it was introduced, the CLS has been the E-Class’ more stylish sibling. But despite having so much in common mechanically, the CLS depreciates faster. The way we look at it, all that means is that you’ll be able to get a cooler car for less money.
Lincoln MKZ – 39.4%
Did you know Lincoln still sells the MKZ? We almost crossed it off the list because we assumed it had been canceled. Five years from now, don’t be surprised if the MKZ has almost been entirely forgotten, allowing savvy shoppers to pick them up at a big discount.
Buick Envision – 39.0%
Buick is one rung down from Cadillac in General Motors’ lineup, but the interior of the Envision ticks just enough boxes to compete in the entry-luxe crossover segment. And although it’s far from the most competitive vehicle in its class, a 61 percent discount certainly won’t hurt its appeal a few years from now.
Mercedes-Benz SL – 38.6%
Technically, there’s nothing wrong with the SL. It’s a luxurious hardtop convertible with powerful engine options and impressive handling. But there isn’t as much demand for convertibles these days, and maintaining a $100,000 Mercedes out of warranty can be pricey. Maybe use some of your savings for an extended warranty?
Volvo S90 – 38.1%
This one’s a little tough to see because we love the new S90. But it makes sense. Although the data doesn’t say anything about long-term reliability, we could see Volvo’s twin-charged engines being difficult to maintain later on down the line. And even though Volvo is popular in certain areas of the country, the Germans continue to dominate the segment. That just means used examples will be a bargain.
Jaguar XE – 37.7%
The XE is gorgeous and surprisingly fun to drive, but it’s also a Jaguar. That means you might experience a buggy infotainment system and questionable reliability. If you’re willing to take the risk, though, an XE will be much less expensive to buy in five years than, say, a comparable Lexus IS.
Cadillac ATS – 37.4%
If you value handling in a sport sedan, you absolutely need to take a look at the ATS. It’s truly fantastic to drive. But as GM has found, the Cadillac badge makes the ATS a hard sell no matter how impressive its handling is. If you can look past that, though, used versions will be a great deal.
Acura RLX – 37.3%
Thanks to a recent refresh, the RLX doesn’t look as bad as it used to, comes with a more luxurious cabin, and offers an optional 377-hp hybrid powertrain. But convincing people to buy one has still been an issue for Acura. Maybe a big discount on a used example will tempt you five years from now?
Jaguar XF – 37.1%
Like the XE, the XF is fun to drive and looks great. It also has the same buggy infotainment system and potential reliability issues. We suspect its lower resale value has to do with the fact that it’s been on the market longer.
Audi A8 – 36.6%
Flagship luxury sedans tend to get the newest, fanciest features in an automaker’s lineup. As a result, out-of-warranty reliability is often low, and maintenance costs are typically high. If you’re willing to take the risk, though, the A8 will be about as comfortable as it gets.
Mercedes-Benz S-Class – 36.0%
Like the A8, used S-Class values drop like a rock, especially after the warranty expires. They’re some of the best cars in the world, but it doesn’t help resale value when the people who can afford to buy an S-Class at a small discount can also probably afford to buy one brand-new.
Cadillac CTS – 35.9%
As long as you don’t need to sit in the back seat, the CTS is a great luxury sedan. But its design is aging, the segment is crowded with newer competition, and there’s still that pesky Cadillac badge on the grille. That’s all going to tank resale value.
Buick Cascada – 35.7%
If you loved the Chrysler Sebring and Toyota Solara convertibles, the Buick Cascada is the perfect new car for you. Unfortunately for Buick, there aren’t many of those people left. And now that the Cascada’s been canceled, we suspect depreciation might hit it even harder.
Cadillac CT6 – 35.4%
The CT6 is newer than the CTS, but it suffers from a lot of the same problems. It’s also more expensive, and at that price point, most people would prefer to buy something with a bit more brand cachet. That just means used ones will be a steal.
Cadillac XTS – 34.1%
Yeah, there are a lot of Cadillacs on this list. But apparently, the least desirable one is the front-wheel-drive sedan that most people associate with airport black cars. OK, that actually makes sense.
BMW 7 Series – 34.1%
The 7 Series has grown quite a bit since the glory days of the E38, but it still handles better than its size would suggest. But handling ability apparently doesn’t factor into resale value, as you can see from the 7 Series’ placement on this list.
Genesis G90 – 33.6%
Unlike most of its competitors, a used G90 probably won’t be particularly unreliable or expensive to maintain. But no matter how good a car it is, a bland design and a new brand name make it a tough sell for a lot of people. Maybe that will change in a few years.
Jaguar XJ – 32.3%
Jaguar would probably prefer not to win the award for selling the flagship luxury sedan with the worst resale value. The good news: Even though the design is old, it’s still gorgeous, and used examples will be a lot cheaper than new.
BMW i3 – 26.4%
We’re not sure the i3 electric car is truly a luxury car, but it’s a BMW, so it at least counts for the sake of this list. And wow, that’s some serious depreciation. Apparently, there’s a limited market for small used EVs, even if you can get one with a range extender.
The post 21 Luxury Cars That Will Be Used Car Bargains in a Few Years appeared first on Motortrend.
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