Best Car To Lease 2015 – Image via monthlycarlease.com
Best Car To Lease 2015 – We always advise new vehicle buyers to carefully consider the cost of long-term car ownership or trucks – especially depreciation – to get the best long-term deal. However, this is a slightly different story for those who shop for used cars at an affordable price. Here, choosing a model that suffers from very low resale value can really be a big plus, with first owner losses becoming a benefit of used car buyers.
Of course, the procurement of used vehicles remains much more complicated than buying new ones, simply because there are so many variables, none of which are at least mechanical and the number of miles on the odometer. However, given the high level of rentals in recent years, there is a flood of three-year-old pre-push models that return to dealers who have spent fairly low miles, usually 36,000 or less, and are usually in tip-top shape.
Best Car To Lease 2015
And since so many late-model rides landed in many dealerships today, prices are becoming more affordable, after a long period when car and used truck shortages tend to sustain resale value.
To help buyers of cash-strapped automakers as well as those wishing to expand their fleet of families find the best deals, the former used iSeeCars.com car website recently analyzed over 4.1 million car sales to identify the rides of the 2015 model year has lost its largest percentage of their original value, Majority comes from luxury brands, including Audi, BMW, and Mercedes-Benz, and includes a pair of popular crossover SUVs from Buick and Cadillac. They have lost as much as 52.6% of their original value along the way, making it a bona fide offer among previously driven vehicles. In comparison, the average new model depreciates by 35.0% after 36 months.
We showcase the top 10 best deals in three-year-old vehicles, accompanying slideshows, based on iSeeCars.com data, record the current average value and the percentage of their original value so far lost (the price from 2015 is inflation-adjusted to 6 percent to 2018 dollars, based on data from the US Bureau of Labor Statistics).
While pickup trucks are not represented among the top 10 in this regard, iSeeCars.com quotes Ram 1500 and Ford F-150 as the most affordable in the used vehicle market, losing 33.2% and 32.4% of their original value after three years on the road. The average pickup was reduced by 23.3% after three years. You can read the full report here.
“The increasing popularity of car rentals in recent years has led to the influx of cars coming from leases, creating opportunities for consumers to find deals on final model vehicles,” said iSeeCars CEO Phong Ly. “Consumers who take advantage of this best offer can buy a three-year-old car at half what price it takes to buy the same car.”
What’s more, buyers can take advantage of the automaker’s ‘pre-ownership’ (CPO) program to get additional incentives. For example, with two models on our best offer list, the BMW CPO program extends comprehensive comprehensive warranty coverage for an extra year and includes powertrain protection for six years / 100,000 miles from original sales date. In addition, eligible buyers can earn 0.9 percent interest up to 24 months until the end of June in all previously certified BMW 2014 and 2015. Cadillac, meanwhile, extends its comprehensive coverage to an additional six years / 100,000 miles and offers a 2.9% interest rate up to 60 months on the CPO version of the SRX crossover which stands at number nine on our list of best deals.
Of course, any used cars or trucks in seemingly good conditions can be a hidden lemon if abused, have hidden damage or are not properly treated. That’s why it’s always wise to have trusted mechanics examine used cars or used trucks carefully based on your judgment to get impartial evaluations of their operating conditions. Also be sure to run a vehicle model identification number (VIN) through a title search service such as Carfax or AutoCheck to ensure no accidents or floods and then be rescued and rebuilt, and that any safety related withdrawal has been handled.