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10 Cars That Lose Half Their Value in Just 3 Years

LINCOLNWOOD, IL - MAY 13: Customers look over Cadillacs offered for sale at a GM dealership May 13, 2009 in Lincolnwood, Illinois. In an attempt to shore up the industry General Motors announced plans to cut 2600 dealerships while Chrysler has made plans to eliminate about 850.

LINCOLNWOOD, IL - MAY 13: Customers look over Cadillacs offered for sale at a GM dealership May 13, 2009 in Lincolnwood, Illinois. In an attempt to shore up the industry General Motors announced plans to cut 2600 dealerships while Chrysler has made plans to eliminate about 850. Consumers should avoid buying cars with the worst depreciation at the dealership. | Scott Olson/Getty Images

For many car consumers, the question is whether to buy or lease a vehicle. On one hand, leasing a new model simplifies your life by limiting the amount you owe and eliminating the hassle of selling. However, leasing a vehicle also means you do not retain that equity. Unless you choose the purchase option, it’s simply a long-term rental, and typically only makes financial sense in a situation like temporary job relocation.

If your priority is getting the best value from a car purchase, your job gets a little easier. According to a July 2017 report by iSeeCars.com, many leased cars failed to retain 55% of their value after just three years. In other words, those who swoop in for a pre-owned model could save $25,000 or more on an almost-new vehicle. Considering the limited mileage involved with most leases, the terms can be quite appealing.

Car shoppers looking for a German luxury sedan should definitely consider a lightly used model over its brand-new twin on the dealer’s lot. Likewise, popular cars by Ford and Volkswagen offered consumers excellent deals after three-year leases ended. Let’s take a closer look at 10 cars that lost close to half their value after a brief time on the road.

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