| 3 minutes read

3 minutes read

10 Cars Owners Resell The Most Within A Year

| Published on October 10, 2019

Sometimes, you and your car just aren’t meant to be. 

Be it choice, preference or circumstances sometimes owners sell back cars after only a short term of ownership. 

After a detailed analysis of over 46 million new car sales from 2014 to 2018 automotive research firm has compiled a list of top 10 cars most commonly resold as “used” within the first year of ownership. 

Here’s the list of top 10 most commonly resolve cars within the first year of ownership – 

10. Nissan Versa

While the sedan and hatchback version of the Nissan Versa both made the list, about 8.7% of the sedan Nissan Versa were resold as used within the first year. 

9. Jaguar XF

“Jaguar is notorious for having high operating costs, which may cause new car owners to give up their cars soon after purchase,”iSeeCars CEO Phong Ly said in a statement. 

“However, the automaker has fought to improve that perception by recently decreasing prices and adding free scheduled maintenance for new cars.”

As per the data, 8.8% of Jaguar XFs were resold. 

8. Nissan Versa Note

9% of the hatchback Note version of Nissan Versa was resold. 

7. BMW X3

“Despite the popularity of the [BMW X3 and X1], they generally have below-average reliability ratings from Consumer Reports, which could contribute to why owners get rid of them so quickly,” Ly said. 

Like the Nissan Versa Note, 9% of the BMW X3s were resold.

6. BMW X1

“Another possible explanation is that BMW and Mercedes offer incentives to their dealers to buy new cars to use as loaner vehicles, which are then sold as used when they are still under a year old,” Ly continued.

“In turn, this boosts the brand’s new car sales and introduces current customers when they bring in their vehicles for service.”

The data says 10.4% of the X1s were resold.

5. Mini Clubman

The Mini Clubman is the most expensive car on the list. Its price, in conjunction with its low fuel-economy rating, may have caused drivers to want to trade it in for something more efficient, Ly said.

The data says 10.7% of the cars purchased were resold.

4. Land Rover Range Rover Evoque

The data says 10.7% of the cars purchased were resold.

3. Land Rover Discovery Sport

“The Discovery Sport and the Range Rover Evoque each have poor projected reliability ratings from J.D. Power, which could contribute to why owners would want to give them up,” Ly said.

The data says 11.8% of the Discovery Sport units sold were resold. 

2. BMW 3 Series 

The data says 11.8% of the Discovery Sport units sold were resold. 

1. Mercedes-Benz-C-Class

The most resold car, 12.4% of these Mercedes were resold used within the first year. This is 3.7 times more than the average for all vehicles.

Related Posts