5 Sweetheart Deals on Used Cars You'll Actually Want

BOSTON ( TheStreet) -- How'd you like to buy a Mercedes-Benz CL-Class at a $60,000 discount or save $21,000 on a Volvo S80?

Here's a look at five models you can buy for nearly half price if you're willing to purchase 2- or 3-year-old versions instead of new ones.

"If you're the type of person who just views a car as a commodity, you can buy a used vehicle and find some really great deals out there," says Eric Lyman of market tracker TrueCar.com.

While today's used-car market has such unusually high prices that you might as well buy some models new rather than used, TrueCar recently found that some 2010s and '11s sell for nearly 50% off of what comparable 2013s cost. That's way better than the 30% discount that's typical industrywide for 2- to 3-year-old cars.

Lyman says most of the models on the list are luxury vehicles whose upscale buyers typically want new automobiles instead of used ones.

"These are cars that are popular with people who consider image and having the finer things in life to be important," he says. "So you usually see a lot more demand for new versions of these cars rather than used ones."

The expert adds that automakers have recently shipped or plan to soon premiere completely redesigned versions of many vehicles on the rundown, so the used versions' values are dropping fast. In other cases, models are way overdue for redesigns and have lost favor with used-vehicle buyers.

"Most of these cars are cheap because of 'life-cycle' issues," Lyman says.

Click below to check out the five vehicles TrueCar found offer today's biggest discounts in percentage terms if you buy them two to three years old instead of new.

All savings estimates refer to price differences between the average new car and that of comparable 2- and 3-year-old editions sold between Jan. 1 and May 17 at some 14,000 U.S. dealers that TrueCar tracks.

Mercedes-Benz CL-Class

How much you'll save buying used:
43.3%

New versions of this superpremium sports coupe list for as much as $213,200, but you can buy a 2010 or '11 CL-Class and get a similar or identical design for way, way less.

That's because Mercedes hasn't given the model a complete overhaul since 2007 or even updated it in two years.

"The CL-Class is getting a little long in the tooth," Lyman says.

As a result, TrueCar found that 2- to 3-year-old CL-Class cars typically sell for $78,553. That's 43.3% less than the $138,538 that you can expect to pay for the average 2013 edition.

Land Rover Range Rover

How much you'll save buying used:
46.8%

Land Rover just redesigned its flagship sport utility vehicle for the first time since 2003, so used Range Rovers are seeing their values drop off as steeply as the ledges they're designed to climb.

But Lyman says used Range Rovers "are still unmistakably Range Rovers. All of the aspects and attitude of the new Range Rover as still there."

Best of all, TrueCar's figures show that 2010 and '11 models are selling for $58,609 on average -- 46.8% off of the $110,103 you'll pay for the typical 2013 Range Rover.

Lincoln MKZ

How much you'll save buying used:
46.9%

Ford ( F) redesigned the MKZ sedan this year for the first time since the model's 2007 introduction, meaning used versions of the car cost a lot less than new ones.

Lyman adds that used MKZs are also fairly inexpensive because the car is a bottom-of-the-line model of a brand that's fallen out of favor with consumers in recent years. "Used MKZs suffer from both brand issues and life-cycle ones," he says.

TrueCar found that 2- to 3-year-old MKZs sell for $22,261 on average. That's 46.9% less than the $41,929 you can expect to pay for a 2013 version.

Chevrolet Impala

How much you'll save buying used:
47%

Consumers can find big discounts on used Impalas partly because General Motors ( GM) has already rolled out a redesigned version of the full-sized sedan as a 2014.

Lyman says rental-car companies also tend to buy lots of Impalas, but replace them every year or so and dump the older versions on used-car markets. "Car-rental companies will put 40,000 miles on an Impala's odometer and get rid of it," he says.

Add in the fact that consumers haven't been all that interested in the model in recent years and you'll find plenty of used Impalas at low prices. TrueCar says 2- to 3-year-old editions average $14,058 -- 47% below the $26,503 that the typical new version goes for.

Volvo S80

How much you'll save buying used:
48.1%

Volvo's flagship luxury sedan hasn't gotten a complete redesign in six years, which Lyman says has depressed the model's used-car price.

"The S80 has suffered by nature of being an older vehicle," he says. "Luxury-car buyers tend to have an appetite for the latest and the greatest."

TrueCar found that 2010 and '11 S80s are selling for $23,240 on average. That's nearly half off of the $44,787 that you can expect to spend on a 2013 edition.

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