New Cars That Owners Don't Even Keep for a Year

While only a small percentage of new cars are resold as used within the first year of ownership, it turns out that German and British luxury vehicles are given up the most frequently.

Only 3.4% of new cars are resold in the first year, but eight of the top 10 models are from luxury brands, according to a study by automotive research firm and car search engine iSeeCars.com.

iSeeCars analyzed over 46 million individual new car sales from model years 2014-2017 in July 2013 through December 2018. Using vehicle identification numbers, they identified whether the car was then re-listed between four months and a year of its sell date on the used car market and then sold. They excluded used cars with fewer than 1,000 miles, heavy-duty trucks and vans, and low-volume models.

BMW was the most common brand that owners gave up, at 7.9% of cars resold. Porsche was next (7.6%), Mercedes (7.4%), Land Rover (6.5%) and Jaguar (6.4%).

The average for all cars given up was 3.4%, for SUVs, 2.7%, and 6.1% for sports cars, the segment most frequently given up.

There could be many reasons why owner ditch these cars. According to iSeeCars, some have below-average reliability ratings from Consumer Reports. Another reason is that BMW and Mercedes offer incentives to their dealers to buy new cars to use as loaners, which are then sold as used when they are still under a year old, boosting new car sales, according to iSeeCars. (This is why cars with less than 1,000 miles on the odometer were excluded.)

Based on the analysis by iSeeCars, these are the cars, SUVs, sports cars and light-duty trucks that owners are most likely to give up within a year of ownership. (Cars shown are newer models.)

Photo: Mercedes-Benz USA

Watch: Audi, Jaguar, Ford: Here's What the Future of Electric Cars Looks Like

Watch: 3 SUVs That Could Revolutionize Your Carpool in 2020

1. Mercedes-Benz C-Class
1. Mercedes-Benz C-Class

1. Mercedes-Benz C-Class

Percent Resold Within the First Year: 12.4%

Buyers of the compact executive car resell it at a rate of 12.4%, that's 3.7 times the average for all vehicles, according to iSeeCars.

Photo: Mercedes-Benz USA

2. BMW 3 Series
2. BMW 3 Series

2. BMW 3 Series

Percent Resold Within the First Year: 11.8%

Photo: BMW

3. Land Rover Discovery Sport
3. Land Rover Discovery Sport

3. Land Rover Discovery Sport

Percent Resold Within the First Year: 11.8%

Photo: Land Rover USA

4. Land Rover Range Rover Evoque
4. Land Rover Range Rover Evoque

4. Land Rover Range Rover Evoque

Percent Resold Within the First Year: 10.9%

Photo: Land Rover USA

5. MINI Clubman
5. MINI Clubman

5. MINI Clubman

Percent Resold Within the First Year: 10.7%

Photo: MINI USA

6. BMW X1
6. BMW X1

6. BMW X1

Percent Resold Within the First Year: 10.4%

Photo: BMW

7. BMW X3
7. BMW X3

7. BMW X3

Percent Resold Within the First Year: 9.0%

Photo: BMW

8. Nissan Versa Note
8. Nissan Versa Note

8. Nissan Versa Note

Percent Resold Within the First Year: 9.0%

Nissan: (NSANY)

Photo: Nissan

9. Jaguar XF
9. Jaguar XF

9. Jaguar XF

Percent Resold Within the First Year: 8.8%

Photo: Jaguar USA

10. Nissan Versa
10. Nissan Versa

10. Nissan Versa

Percent Resold Within the First Year: 8.7%

Photo: Nissan

11. Porsche Cayenne
11. Porsche Cayenne

11. Porsche Cayenne

Percent Resold Within the First Year: 8.7%

Photo: Porsche

12. Mercedes-Benz GLA
12. Mercedes-Benz GLA

12. Mercedes-Benz GLA

Percent Resold Within the First Year: 8.5%

Photo: Mercedes-Benz USA

13. Nissan Rogue Sport
13. Nissan Rogue Sport

13. Nissan Rogue Sport

Percent Resold Within the First Year: 8.1%

Photo: Nissan

14. Mercedes-Benz G-Class
14. Mercedes-Benz G-Class

14. Mercedes-Benz G-Class

Percent Resold Within the First Year: 8.1%

Photo: Mercedes-Benz USA

15. Nissan Titan XD
15. Nissan Titan XD

15. Nissan Titan XD

Percent Resold Within the First Year: 7.9%

Photo: Nissan

16. Nissan 370z
16. Nissan 370z

16. Nissan 370z

Percent Resold Within the First Year: 7.8%

Photo: Nissan

17. Nissan Titan
17. Nissan Titan

17. Nissan Titan

Percent Resold Within the First Year: 7.6%

Photo: Nissan

18. Porsche 911
18. Porsche 911

18. Porsche 911

Percent Resold Within the First Year: 7.1%

Photo: Porsche

19. Chevrolet Corvette
19. Chevrolet Corvette

19. Chevrolet Corvette

Percent Resold Within the First Year: 6.4%

Photo: Chevrolet

20. Dodge Challenger
20. Dodge Challenger

20. Dodge Challenger

Percent Resold Within the First Year: 6.4%

Photo: Dodge

21. Ford Mustang
21. Ford Mustang

21. Ford Mustang

Percent Resold Within the First Year: 6.3%

Ford: (F - Get Report)

Photo: Ford

22. Mazda CX-3
22. Mazda CX-3

22. Mazda CX-3

Percent Resold Within the First Year: 6.3%

Mazda: (MZDAY)

Photo: Mazda

23. Porsche Macan
23. Porsche Macan

23. Porsche Macan

Percent Resold Within the First Year: 6.3%

Photo: Porsche

24. Chevrolet Camaro
24. Chevrolet Camaro

24. Chevrolet Camaro

Percent Resold Within the First Year: 6.1%

Photo: Chevrolet

25. Nissan Frontier
25. Nissan Frontier

25. Nissan Frontier

Percent Resold Within the First Year: 5.3%

Photo: Nissan

26. GMC Canyon
26. GMC Canyon

26. GMC Canyon

Percent Resold Within the First Year: 4.8%

(GM - Get Report)

Photo: GM

27. Toyota Tacoma
27. Toyota Tacoma

27. Toyota Tacoma

Percent Resold Within the First Year: 4.7%

Toyota: (TM - Get Report)

Photo: Toyota

28. GMC Sierra 1500
28. GMC Sierra 1500

28. GMC Sierra 1500

Percent Resold Within the First Year: 4.6%

Photo: GM

29. Ram Pickup 1500
29. Ram Pickup 1500

29. Ram Pickup 1500

Percent Resold Within the First Year: 4.1%

Photo: Ram

30. Chevrolet Colorado
30. Chevrolet Colorado

30. Chevrolet Colorado

Percent Resold Within the First Year: 4.1%

Photo: Chevrolet

Advertisement