Jun
10
Used Luxury Car Deals

As crossover SUVs gain in popularity, used sedans have become something of a bargain. Shoppers can find some particularly compelling deals on luxury sedans, a number of which have dropped significantly in resale value.

There’s nothing inherently wrong with sedans. The most popular automotive body type of all time, the humble sedan has for years served the American buying public with a sort of quiet reserve and dignity. Residing in the space between the utilitarian station wagon and the flashy, indulgent coupe, the sedan has, for decades, outsold all other passenger-vehicle types.

Should I Buy a Car or Crossover?

Consumer tastes change, however. The conventional station wagon is all but gone, and the sedan is now quickly being displaced by the crossover. For a look at why the crossover has become so popular, click here.

While the move away from sedans may be bad news for traditional new-car shoppers (some manufacturers have announced the discontinuation of a number of their sedan models), it is very good news for used-car shoppers looking for a late-model sedan bargain.

As interest in new sedans has declined, the price of used sedans has also fallen–in some cases, rather compellingly. The value plunge is most evident among luxury sedans, a number of which can now be considered bargains.

According to automotive research site ISeeCars.com, all of the top ten sedans with the worst resale values are luxury models. To compile this list, ISeeCars analysts compared the listing price of new models in 2016 with the asking price for the same models in 2019. While the average vehicle in the study dropped in value by approximately 38 percent, the ten luxury sedans listed below plummeted in value by approximately 55 percent (see below).

Note that vehicles with a listed price of more than $80,000 in 2016 were not included in this analysis. Note also that the ISeeCars study included vehicles in a number of classes. You can view the full report here. Finally, price calculations were based on listing prices as seen on ISeeCars and not the final transaction price; values below do not include taxes or fees.

Telling of the state of the luxury-sedan segment, several of the cars on the list below have been discontinued, or are about to be discontinued. Among those dropped are the Cadillac CTS and XTS, and the Lincoln MKZ/MKZ Hybrid. Also, note that the Audi A6 and Kia K900 have been redesigned for 2019.

All images below are of 2019 models, which may not be representative of the used vehicles for which values are given.

10 Vehicles With The Best Resale Value

10 Vehicles With the Worst Resale Value

 

 

Best Used Luxury Car Deals

Acura RLX

2019 Acura RLX

2019 Acura RLX

Average Price New (2016): $62,658

Average Price Used (2019): $28,259

3-Year Depreciation: 55.8%

More Acura news and reviews

 

Lincoln MXZ

2019 Lincoln MKZ

2019 Lincoln MKZ

Average Price New (2016): $45,178

Average Price Used (2019): $19,855

3-Year Depreciation: 55.6%

More Lincoln news and reviews

 

Mercedes-Benz E-Class

2019 Mercedes-Benz E-Class

2019 Mercedes-Benz E-Class

Average Price New (2016): $69,469

Average Price Used (2019): $31,051

3-Year Depreciation: 55.4%

More Mercedes-Benz news and reviews

 

Jaguar XF

2019 Jaguar XF

2019 Jaguar XF

Average Price New (2016): $67,238

Average Price Used (2019): $30,268

3-Year Depreciation: 54.8%

Test Drive: 2016 Jaguar XF R Sport

 

Cadillac XTS

2019 Cadillac XTS

2019 Cadillac XTS

Average Price New (2016): $57,980

Average Price Used (2019): $26,306

3-Year Depreciation: 54.5%

Test Drive: 2018 Cadillac XTS V-Sport

 

Lincoln MKZ Hybrid

2019 Lincoln MKZ Hybrid

2019 Lincoln MKZ Hybrid

Average Price New (2016): $43,698

Average Price Used (2019): $20,034

3-Year Depreciation: 54.5%

Looking for a Niche: 2017 Lincoln MKZ

 

Kia K900

2019 Kia K900

2019 Kia K900

Average Price New (2016): $61,458

Average Price Used (2019): $26,522

3-Year Depreciation: 54.4%

Test Drive: 2016 Kia K900 V6

 

BMW 5-Series

2019 BMW 5-Series

2019 BMW 5-Series

Average Price New (2016): $65,248

Average Price Used (2019): $30,203

3-Year Depreciation: 53.8%

Test Drive: 2017 BMW 530i

 

Cadillac CTS

2019 Cadillac CTS

2019 Cadillac CTS

Average Price New (2016): $57,730

Average Price Used (2019): $26,785

3-Year Depreciation: 53.8%

Test Drive: 2016 Cadillac CTS-V

 

Audi A6

2019 Audi A6

2019 Audi A6

Average Price New (2016): $62,567

Average Price Used (2019): $29,941

3-Year Depreciation: 53.3%

Test Drive: 2017 Audi S6

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