We are utterly amazed at how quickly the values of some cars can drop faster than a falling rock after just three years. For as much pride of ownership and bragging rights as some must feel, it just seems like such a waste. Knowing your shiny new car drops in value so quickly makes ownership a costly exercise even if you can afford it. On the other hand, if the desire for that new car you lust for can be put on hold you’ll find it at a much more reasonable price in three years. Yeah, it won’t have that new car smell, but you won’t feel like such a bonehead for the depreciation hit, either.
Here are the top 10 cars that depreciate the most in three years:
10. Audi A4
Used price for 2017 model: $22,413
The Audi A4 takes a 51% depreciation hit after three years. This is the first of two Audi models that appear on this list. The A4 is the smallest sedan that Audi makes.
9. Infiniti QX60
Used price for 2017 model: $25,967
The QX60 also takes a 51% depreciation hit after three years. This is the only crossover of the group. The depreciation amounts to a loss of $27,078 after three years.
8. BMW 4 Series
Used price for 2017 model: $26,998
The 4 Series takes a 51.7% depreciation after three years. We all love two-door models but they are losing out to the more practical four-door cars. There is one other BMW in this dubious group.
7. Infiniti Q50
Used price for 2017 model: $23,140
This Infinity Q50 takes a 51.8% depreciation after three years. In the same class as the Audi A4, there is also another similar vehicle from this segment on the list. Maybe smaller four-door luxury sedans aren’t the best value on the market?
6. Lincoln MKZ
Used price for 2017 model: $21,517
The MKZ also takes a 51.8% hit after three years. The hybrid MKZ does a bit better at only 49.7% depreciation but either way, you slice it the value drops in half.
5. Mercedes-Benz E-Class
Used price for 2017 model: $31,454
The E-Class is the midsize sedan from Mercedes. The depreciation is 55.4% after three years.
4. Volvo S60
Used price for 2017 model: $19,702
A bit smaller than the S90 the S60 Volvo is the cheapest of luxury cars after three years. That might make it a bargain if you’re looking for a sedan in this segment.
3. BMW 3 Series
Used price for 2017 model: $22,718
With the BMW 4 Series also on this list, it makes sense that the sedan version would also be here somewhere. In the number three slot, it becomes a much more attractive buy at under $23,000.
2. Ford Fusion Hybrid
Used price for 2017 model: $13,565
The Fusion depreciates 54.9% after three years. But with the hybrid powertrain, your gas savings may make this worth looking into. It’s also the cheapest vehicle on this list. iSeeCars, which put this list together, note that the Fusion hybrid is $3,500 more than the non-hybrid version, but is $1,000 cheaper after three years than the non-hybrid. Go figure!
1. Audi A6
Used price for 2017 model: $27,890
The A6 becomes the biggest loser after three years. It is one notch up from the A4 in size. iSeeCars says that in general most luxury cars are leased, so there is a glut of three-year-old luxury vehicles landing on used car lots. Also, sedans are losing favor to SUVs so to attract buyers the price needs to be lower.