Best Used Luxury Car Deals

Tom Appel

5 years ago

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.

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