Forbes: 11 Best Bargains in Three Year Old Used Cars

Non-repair car talk
Post Reply
Bob
Posts: 2470
Joined: Thu Dec 19, 2013 7:36 am

Forbes: 11 Best Bargains in Three Year Old Used Cars

Post by Bob »

kevm14
Posts: 16018
Joined: Wed Oct 23, 2013 10:28 pm

Re: Forbes: 11 Best Bargains in Three Year Old Used Cars

Post by kevm14 »

Not sure about the wording.
With car dealers’ lots being flooded with a tsunami of off-lease vehicles returning to the market following the big post-recession new-car sales surge, used car shoppers are finding some sweet deals being offered on three-year-old like-new models.
Here's my modification:
With car dealers’ lots being flooded with a tsunami of used vehicles returning to the market following the big Harvey storm surge, used car shoppers are finding some sweet deals being offered on three-year-old like-new models, which are almost done drying out.
kevm14
Posts: 16018
Joined: Wed Oct 23, 2013 10:28 pm

Re: Forbes: 11 Best Bargains in Three Year Old Used Cars

Post by kevm14 »

I looked at the list.

Other than high depreciation I actually see no relationship or similarities between these cars. I'm actually not sure what to make of it. You have Japan, US and Europe. You have economy, midsize and luxury. What's the trend? Time since last redesign or something? Are people that shallow and unsophisticated that the biggest driver is how "new" the car looks?

Or perhaps it is supply and demand. The leases on these cars were flying off the lots back in 2014 and the new car sales of these models is relatively less by comparison to the rest of the market? Reaching for an answer...

One other option. They are ALL sedans, which are decreasing in popularity.
Bob
Posts: 2470
Joined: Thu Dec 19, 2013 7:36 am

Re: Forbes: 11 Best Bargains in Three Year Old Used Cars

Post by Bob »

Sedans are where it's at if you want a good value in the used market. This was one of my takeaways from my last used car search where my wife's friend bought a Camry XLE.
Post Reply