The 10 cars owners ditch after less than a year more than any other, according to data

by

in

BMW X1Matthew DeBord/BI

When it’s circumstance, each year preference, or only needing to have a new car , sometimes owners sell automobiles that are back after a brief term of ownership.
The site iSeeCars.com has since compiled a listing of the 10 automobiles given up and resold as”used” all within the first period of possession A Mercedes-Benz tops the list, which also contains three BMWs, two Land Rovers, 2 Nissans, a Mini, and a Jaguar.
Visit Business Insider’s homepage for more stories.

Automotive research firm iSeeCars.com has compiled a list of the top ten cars commonly resold as”used” within the first year of ownership.

ISeeCars.com examined over 46 million new auto sales from your 2014 to 2017 model years which were sold between July 2013 and December 2018.

Eight out of ten to the list are German and British luxury automobiles. The other two would be Nissans. The list tops off with the Mercedes-Benz C-Class: 12.4percent are resold used within the year. That can be 3.7 times greater than the average for most cars. On average, 3.4percent of new vehicles are resold within the initial year of ownership.

The list also includes a BMW, two Land Rovers, a Mini, 2 BMWs, 2 Nissans, along with a Jaguar.

Read more: 17 ceased auto brand logos you completely forgot about and will probably never see on the road again

The firm excluded vehicles less than 1,000 miles to the odometer from the analysis. This was done to keep the analysis from being skewed by”car punching”, which will be when automakers offer incentives to traders to buy new automobiles to use as loaners and then resell them whenever they’re still under a year older.

Check out the list of the Most Frequently resold automobiles within the initial year of ownership:

10. Nissan Versa
Courtesy Nissan

The sedan and hatchback version of the Nissan Versa both made the list.

The data says 8.7percent of Nissan Versas were resold as”used” within the year. 

9. Jaguar XF
Hollis Johnson/Business Insider

“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 prepared statement.

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

The data says 8.8percent of Jaguar XFs were resold.

8. Nissan Versa Note
Nissan

The second Nissan Versa on the list is that the hatchback Note version. The data says 9 percent of these Notes have been resold.

See the rest of the story at Business Insider

See Also:

The cargo ship that mysteriously capsized off the coast of Georgia at September with thousands of automobiles on board is still thereBentley’s CEO of North and South America reveals the biggest method millennials are distinct from elderly customers149 Tesla, timeless musclebuilding, and luxury cars that were captured by the FBI earlier this year only went up for auction, selling for $8.23 million

SEE ALSO: Every luxury 7-seater SUV in the market today


Buy Tickets for every event – Sports, Concerts, Festivals and more buy tickets dot com concerts

Discover more from Teslas Only

Subscribe now to keep reading and get access to the full archive.

Continue reading