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Cars with the worst resale value in 2022
Thu, Nov 10 2022Car values are all over the map right now. Used vehicles that were worth a small fortune earlier this year are now coming back to Earth, but the new vehicle supply remains tight. Prices are still elevated overall, but some models have seen more severe price drops. Depreciation strikes almost every model, supply constraint or not, though a few vehicles are leading the way. New research from analytics iSeeCars found that a handful of cars depreciated more than 50 percent over five years, with the BMW 7 Series dropping 56.9 percent and an average price cut of $61,923 over that time. The vehicles with the highest depreciation — or worst resale value — over five years: BMW 7 Series: -56.9% Maserati Ghibli: -56.3% Jaguar XF: -54% Infiniti QX80: -52.6% Cadillac Escalade ESV: 52.3% Mercedes-Benz S-Class: 51.9% Lincoln Navigator: -51.9% Audi A6: -51.5% Volvo S90: -51.4% Ford Expedition: -50.7% iSeeCarsÂ’ research showed that midsize trucks, sports cars, and fuel-efficient vehicles were slowest to depreciate over five years, while itÂ’s clear that luxury brands tend to lose value much faster. As iSeeCarsÂ’ Executive Analyst Karl Brauer explained, used buyers donÂ’t value high-end vehiclesÂ’ features as much as the first owners, so resale values tend to be softer. The tech and options that made the cars so expensive and appealing new donÂ’t add the same value on the used market. Read more: Cars with the best resale value Interestingly, electric vehicles also depreciated quite heavily, though they were just short of the abysmal numbers in luxury segments. The Nissan Leaf depreciated most among EVs, dropping by 49.1 percent. The average EV depreciation is 44.2 percent, with the Tesla Model S and Model X sliding in right under the bar at 43.7 and 38.8 percent, respectively. As iSeeCars notes, itÂ’s important to be vigilant when car shopping and not let your emotions win over reason. Shiny new luxury cars look great in the showroom, but you could end up taking a bath when you try selling them a few years later on. Related video: Audi BMW Cadillac Ford Infiniti Jaguar Lincoln Maserati Mercedes-Benz Volvo Car Buying Used Car Buying Ownership Resale Value depreciation
BMW 3 Series GT gets nip and tuck
Wed, Nov 4 2015We brought you spy photos of the refreshed BMW 3 Series sedan, and now the versatile, hunchbacked Gran Turismo has been caught on camera. As far as refreshed Bimmers go, the treatment for the 3GT is pretty typical. That means a new front bumper and headlights, which we doubt have been changed all that much from the freshened four-door. Changes in back differ thanks to the GT's unique rear end, but the new features – new LED designs in the taillights – will be there. It also looks like BMW has tweaked the rear bumper. Like the sedan, the 3GT will get a few interior tweaks and an iDrive update. Basically, everything we showed you back in May when the updated sedan debuted should find its way onto the 3GT. What we don't know – and what our spies can't tell us – is whether BMW will add GT versions of the 3er's newest models, the 340i and 330e plug-in. We'd expect the 340i to replace the range-topping 335i Gran Turismo, just like it has on the sedan – although a hunchbacked, plug-in hybrid hatchback might just be a bit too niche, even for a brand like BMW. Check out the short gallery of spy photos, available up top. Related Video: Featured Gallery BMW 3 Series Gran Turismo: Spy Shots Image Credit: CarPix Spy Photos BMW Hatchback Luxury bmw 3 series gran turismo
BMW expands Takata airbag recall nationwide, 140k 3 Series affected
Tue, Dec 23 2014Following the urging of the National Highway Traffic Safety Administration, BMW has expanded its recall of vehicles equipped with Takata airbag inflators to cover the entirety of the United States, rather than just high-humidity areas. That means there are about 140,000 owners of 2004 to 2006 model year BMW 3 Series coupes, convertibles, sedans and wagons (that means owners of both E46 and E90 3ers should take note). It's unclear if this recall includes the high-performance M3 Coupe and Convertible. With the expansion of its airbag recall, BMW joins Honda, Mazda, Ford and Fiat Chrysler in moving from a regional to a nationwide recall of vehicles equipped with Takata airbags. According to Reuters, BMW claims none of its vehicles have been subject to the potentially harmful airbag deployments.