All those drivers leasing vehicles may be doing used-car shoppers a favor.
Off-lease vehicles, which typically come onto the used-car market at three years old, are offering some attention-grabbing bargains.
Research from iSeeCars.com puts the headlights on price drops of up to 55 percent for such vehicles compared to same-year versions bought new – extending to 69 percent for electrics – in a market where just-leased cars are reaching record highs.
If you have a liking for luxury, the news is even better. As many leased vehicles are high-end models, so too are many of these potential bargains.
Listed below you’ll find 35 deals based on the greatest levels of depreciation on a new car over three years. With each is the average price of a three-year-old used vehicle followed by the depreciation percentage.
Acrua’s RLX luxury sedan offers the greatest potential saving among gas-powered and hybrid cars, iSeeCars.com data reveals.
10 best bargains on 3-year-old vehicles
- Acura RLX, $28,259; 55.8 percent
- Lincoln MKZ, $19,855, 55.6 percent
- Mercedes-Benz E-Class, $31, 051, 55.4 percent
- Jaguar XF, $30,268, 54.8 percent
- Cadillac XTS, $26,306, 54.5 percent
- Lincoln MKZ Hybrid, $20, 034, 54.5 percent
- Kia K900, $26, 522, 54.4 percent
- BMW 5 Series, $30,203, 53.8 percent
- Cadillac CTS, $26,785, 53.8 percent
- Audi A6, $29,941, 53.3 percent
Excludes luxury cars over $80,000 new and electric vehicles.
10 best bargains on 3-year-old cars under $20,000
- Lincoln MKZ, $19,855, 55.6 percent
- Kia Cadenza, $19,508, 50.2 percent
- Ford Fusion Hybrid, $14,844, 49.7 percent
- Chevrolet Impala, $17,745, 49.4 percent
- Kia Optima Hybrid, $16,381, 49.2 percent
- Fiat 500L, $13,403, 49.1 percent
- Ford Taurus, $17,587, 48.7 percent
- Volkswagen Tiguan, $16,235, 47.7 percent
- Fiat 500, $11,469, 47.2 percent
- Hyundai Sonata Hybrid, $16,303, 47 percent
10 best bargains on 3-year-old SUVs
- Lincoln Navigator L, $37,905, 51.6 percent
- Infiniti QX80, $38,869, 49.1 percent
- Lincoln MKT, $28,441, 49 percent
- Ford Expedition, $30,874, 48.7 percent
- Lincoln Navigator, $38,426, 48.1 percent
- Lincoln MKC $23,006, 48 percent
- Buick Enclave, $26,021, 47.8 percent
- Volkswagen Tiguan, $16,235, 47.7 percent
- BMW X5, $37,196, 47.7 percent
- Infiniti QX60, $28,993, 46.9 percent
Five best bargains on 3-year-old electric vehicles
- Fiat 500e, $10,358, 69.7 percent
- BMW i3, $19,784, 63.3 percent
- Nissan Leaf, $14,070, 59.6 percent
- Volkswagen e-Golf, $14,758, 58.1 percent
- Ford Fusion $15,983, 57.7 percent
Auto research site iSeeCars.com looked at 4.8 million cars sales for their study. Each car featured has a level of depreciation well above the all-vehicle average of 38.2 percent.
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