Which Luxury Car Brands Have the Worst Resale Value for 2022?
The numbers don’t lie; these luxury car brands have the worst resale value for 2022. All of the automakers on this list, such as Jaguar, Lincoln, and Genesis, have a retained value of around 45%. Which cars and SUVs were the worst offenders from these luxury brands?
Jaguar is the luxury brand with the worst resale value
When it comes down to it, Jaguar was at the top of MotorTrend’s new list. MotorTrend and IntelliChoice found that Jaguar vehicles were only projected to retain 45.3% of the value after five years. The industry average is 47.6%, putting Jaguar below that. The automaker isn’t a massive seller in the U.S. and actually has one of the smallest market shares.
The Jaguar F-Type convertible equipped with the 2.0L turbo engine has the lowest projected resale value after five years at 43.3%. After the same five years, the F-Pace SVR SUV managed to hold onto 46.2% of its initial value.
Lincoln made the list of luxury brands with the worst resale value
The next brand on the list is Lincoln. This year, the automaker tightened up its lineup and eliminated all sedans. That left only SUVs, like the Navigator L. The Navigator L is projected to retain only 41.4% of the original resale value. That isn’t a great return on your investment, but there is some good news. The Corsair sport utility vehicle is expected to retain 45% of its value. The smaller Lincoln Aviator PHEV will likely retain 45.8% of its value. Lincoln has been going through many changes with the elimination of its cars, so hopefully, this luxury car brand will bounce back.
It might be new to the game, but Genesis isn’t delivering on value
Genesis is new to the market and has received a lot of praise for the GV70 SUV. It actually won MotorTrend’s SUV of the year this year, but that doesn’t exclude it from having terrible resale value. After five years, most of the Genesis lineup sits between 40% and 45% of the original value. After five years, the G90 sedan holds on to only 35.3% of its initial value. The G90 Premium retained only 35.4% of its value. Depending on how long you plan to keep your new car, it might be good to look into a lightly used version for less depreciation.
Infiniti vehicles only managed to hold 42.6% of the value after five years. The Q60 sport coupe and Q50 sedan were the worst offenders, coming in at 39.2% and 40.7%. Cadillac and Alfa Romeo were the other brands that fell under the industry average for resale value.
These are just some of the luxury brands 2022 has to offer, and some will offer a better return on your investment. Toyota and Lexus tend to make reliable SUVs with high resale value if these don’t check all of the boxes.