These 10 New Cars are Best at Retaining Their Value One Year After Purchase
One could argue that buying these cars new makes more sense than buying them lightly used.Depreciation can be a blessing for used car shoppers and a nightmare for new car buyers. Some cars can lose as much as half of their value in just three years, but other cars depreciate so slowly that it arguably makes more sense to buy them new rather than used.
Car research site iSeeCars has put together a study on one-year depreciation rates across the auto industry. It discovered the top 10 slowest-depreciating cars after one year and found some interesting data pertaining to the gap between the outliers and the average specimens.
“While buying a lightly used car generally saves you money, there are certain models that can be more economical when purchased new,” said iSeeCars in an email to The Drive. So, how did they get their data? “iSeeCars.com analyzed over 7 million new and used cars sold from August 2018 to January 2019, comparing the prices of new cars to lightly used equivalents and identifying those with the lowest price differences.”
The overall average one-year depreciation rate is 30.2 percent, but every car on the list below loses less than 15 percent of its value in one year. Here are the top 10, in order, with the average price difference between used and new by both percentage and dollar amount.
1. Honda HR-V: 10.5 percent | $2,260
2. BMW X1: 11.7 percent | $4,194
3. Subaru Crosstrek: 12.2 percent | $2,978
4. Honda CR-V: 12.2 percent | $3,230
5. Toyota Tacoma: 12.3 percent | $3,891
6. Honda Civic: 12.3 percent | $2,505
7. Honda Pilot: 12.8 percent | $4,518
8. Mazda CX-5: 13.4 percent | $3,457
9. Porsche Macan: 14.5 percent | $8,302
10. Subaru Impreza: 14.7 percent | $3,035
Read more: http://www.thedrive.com/news/26242/these-10-new-cars-are-best-at-retaining-their-value-one-year-after-purchase
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When we know that most people don't drive new cars - the way things are, especially now, when people get a car they tend to keep it. The price of a new car is out of the price range of most - unless they buy it on time and end up paying much more for it. Plus, the depreciation is usually not worth it unless they decide to lease which is happening more often.
I read awhile back that the average age of cars on the road is 11 - and that may have climbed even higher by now! I drove my 2001 Pontiac until a little over a year ago - and I'd still be driving it now, but I'm in the Northeast where the road salt causes rust - so it finally wouldn't pass inspection. Other than that, it ran just fine and I had very few issues with it the entire time I drove it. 
