The Top 20 Cars To Buy Used and the Top 20 Cars To Buy New

Highlights:

The average lightly used car costs $5,778, or 12.8 percent, less than its new-car equivalent
The no. 1 vehicle to buy used over new is the Mercedes-Benz EQS, which loses 47 percent of its value, pricing it $65,000 below its new-car cost after just one year
The Nissan LEAF, Jaguar F-PACE, Alfa Romeo Guilia, and Kia EV6 all lost over 33 percent in value after one year, making them excellent lightly used car values
The no. 1 vehicle to buy new over used is the Land Rover Range Rover. The used version actually costs $4,000 more than a brand new model, making this a prime example of a better vehicle to buy new versus used
The Kia Rio, Mercedes-Benz G-Class, Ford Maverick, and Toyota Sequoia all lost less than 5 percent in cost after one year, making them better new car purchases
Eight out of the 20 best cars to buy used are electric vehicles; six out of the 20 best cars to buy new are hybrids, with two Teslas also making the “buy new over used” list

Price can be a major factor in the decision whether to buy a used car or new one. While the average new car costs $45,106 and loses 12.8 percent of its value after one year, some cars lose considerably more value a year after purchase, making them excellent “like new” value used cars. Conversely, other cars maintain their near-new pricing even after 12 months and 10,000-plus miles of use. Used car shoppers considering one of these lightly used models are getting minimal savings and should probably buy a new model instead.

iSeeCars analyzed over 1.6 million new and lightly used cars to determine which used models offer the biggest savings compared to new and which lightly used vehicles are so pricey that buyers should skip the used versions and buy new. The rankings offer a starting point to help shoppers narrow down their choices or find more vehicles to consider, based on price.

20 Best cars to buy lightly used: One-year-old models that offer big savings

“Car buyers seeking the best value often shop used models instead of new,” said Karl Brauer, iSeeCars executive analyst.“While a used car almost always costs less than it did new, some models lose more than 25 percent of their value after just one year, giving buyers a near-new ownership experience at a substantial savings.”

Top 20 Cars To Buy Lightly Used vs. New – iSeeCars Study
Rank	Model	% Difference Used Over New	$ Difference Used Over New	Used Price
1	Mercedes-Benz EQS	-47.8%	-$65,143	$71,231
2	Nissan LEAF	-45.7%	-$15,786	$18,756
3	Jaguar F-PACE	-35.4%	-$28,555	$52,010
4	Alfa Romeo Giulia	-33.4%	-$16,297	$32,467
5	Kia EV6	-33.3%	-$18,081	$36,243
6	Hyundai IONIQ 5	-32.9%	-$16,805	$34,303
7	Volkswagen ID.4	-32.9%	-$15,609	$31,870
8	Alfa Romeo Stelvio	-32.3%	-$17,495	$36,630
9	Nissan Murano	-32.0%	-$13,842	$29,458
10	Mercedes-Benz S-Class	-31.5%	-$45,781	$99,598
11	Dodge Durango	-30.8%	-$19,335	$43,407
12	BMW 7 Series	-29.8%	-$36,126	$84,990
13	Dodge Challenger	-29.8%	-$15,498	$36,496
14	Ford Mustang Mach-E	-29.8%	-$16,364	$38,543
15	Ram 1500 Classic	-29.2%	-$13,176	$31,969
16	INFINITI QX80	-28.8%	-$24,084	$59,618
17	Audi A3	-28.7%	-$11,911	$29,587
18	Chevrolet Bolt EUV	-28.2%	-$9,151	$23,320
19	Chevrolet Bolt EV	-28.0%	-$8,633	$22,229
20	Audi A4	-27.9%	-$13,836	$35,667
Overall Average		-12.8%	-$5,778	$39,328

All of the cars on this list lost at least 28 percent of their value in one year, with the Mercedes-Benz EQS and Nissan LEAF losing close to half their value. With electric vehicles making up five of the top 10 cars that lost value after one year, it’s clear used buyers don’t have the same affinity for EVs as new buyers. (This follows the same trend of massive EV price drops found in iSeeCars’ recent Used Car Pricing study .) In addition to the eight total electric vehicles, most of these are luxury cars or older models in need of a redesign.

20 Best cars to buy new: Cars that cost so much used, might as well buy them new

“Buyers seeking used car value should avoid these cars, which offer less than a 10 percent savings compared to a brand new model,” said Brauer. “At these prices, shoppers are better off simply buying a new model and getting the full new-car experience at a slightly higher cost.”

Top 20 Cars To Buy New vs. Lightly Used – iSeeCars Study
Rank	Model	% Difference Used Over New	$ Difference Used Over New	Used Price
1	Land Rover Range Rover	2.8%	$4,067	$147,311
2	Kia Rio	-0.1%	-$21	$18,682
3	Mercedes-Benz G-Class	-2.3%	-$4,587	$196,112
4	Ford Maverick	-4.1%	-$1,385	$32,505
5	Ford Maverick Hybrid	-4.4%	-$1,474	$32,039
6	Toyota Sequoia Hybrid	-4.6%	-$3,737	$77,653
7	Toyota Corolla Hybrid	-5.0%	-$1,359	$26,038
8	Toyota RAV4 Hybrid	-5.3%	-$2,131	$37,727
9	Honda Civic	-5.5%	-$1,577	$26,934
10	Kia Sportage Hybrid	-5.9%	-$2,085	$33,397
11	Tesla Model X*	-6.9%	-$5,993	$80,471
12	Nissan Versa	-7.1%	-$1,480	$19,452
13	Honda CR-V Hybrid	-7.5%	-$2,963	$36,474
14	Toyota Corolla Hatchback	-7.9%	-$2,131	$24,838
15	Chevrolet Tahoe	-8.1%	-$6,079	$69,042
16	Tesla Model Y*	-8.3%	-$3,867	$42,649
17	Chevrolet Corvette	-8.4%	-$6,945	$76,050
18	Chevrolet Traverse	-8.5%	-$3,782	$40,648
19	GMC Sierra 1500	-8.5%	-$5,678	$60,787
20	Honda Civic Hatchback	-8.8%	-$2,700	$28,006
Overall Average		-12.8%	-$5,778	$39,328

* Average prices for new Teslas were estimated by applying used car trim distribution to pre-rebate new car MSRPs as of March 2024.

Hybrids make up five of the top 10 lightly used models that retained their value, suggesting an increasing awareness and appreciation for the benefits of hybrid technology. After years of seeing used cars costing more than new models due to pandemic supply chain issues, the Land Rover Range Rover is the only slightly used model to retain that status. The Range Rover is built in limited quantities and appeals to highly affluent buyers. Clearly that buyer base is willing to pay more to avoid waiting for a new model to arrive at their local dealer. When looking at brands on the list, Toyota leads with five models, followed by Chevrolet and Honda with three each. Despite its aggressive price cuts over the past year, Tesla’s Models X and Y still rank in the top 20.

Buying on a budget: Which cars to buy used or new at different price points

For buyers with a specific budget, iSeeCars identified which cars offer the best deals across different price ranges. The top options to buy used versus new and new versus used are listed for each range, based on vehicle prices.

Under $20,000 budget

Top Cars To Buy Lightly Used vs. New: Under $20,000 – iSeeCars Study
Rank	Model	% Difference Used Over New	$ Difference Used Over New	Used Price
1	Nissan LEAF	-45.7%	-$15,786	$18,756
2	Mitsubishi Mirage G4	-16.9%	-$3,250	$16,027

The Top Car To Buy New vs. Lightly Used: Under $20,000 – iSeeCars Study
Rank	Model	% Difference Used Over New	$ Difference Used Over New	Used Price
1	Kia Rio	-0.1%	-$21	$18,682

Today’s new and lightly used car pricing means there are limited options for sub-$20,000 shoppers. But the Nissan LEAF and Mitsubishi Mirage make excellent candidates to get a big discount on slightly used versions. On the other hand, the Kia Rio holds its value so well that slightly used models only save $21. Probably should just buy a new one.

$20,000 - $30,000 Budget

Top Cars To Buy Lightly Used vs. New: $20,000 - $30,000 – iSeeCars Study
Rank	Model	% Difference Used Over New	$ Difference Used Over New	Used Price
1	Nissan Murano	-32.0%	-$13,842	$29,458
2	Audi A3	-28.7%	-$11,911	$29,587
3	Chevrolet Bolt EUV	-28.2%	-$9,151	$23,320
4	Chevrolet Bolt EV	-28.0%	-$8,633	$22,229
5	MINI Hardtop	-25.6%	-$9,811	$28,578

The Nissan Murano is due for a redesign, as market demand confirms. Losing almost a third of its value makes it an excellent lightly used purchase. The same can be said for the Audi A3, Chevrolet Bolt and Bolt EUV, and Mini Hardtop, which are all available for at least 25 percent off their lightly used prices.

Top Cars To Buy New vs. Lightly Used: $20,000 - $30,000 – iSeeCars Study
Rank	Model	% Difference Used Over New	$ Difference Used Over New	Used Price
1	Toyota Corolla Hybrid	-5.0%	-$1,359	$26,038
2	Honda Civic	-5.5%	-$1,577	$26,934
3	Nissan Versa	-7.1%	-$1,480	$19,452
4	Toyota Corolla Hatchback	-7.9%	-$2,131	$24,838
5	Nissan Sentra	-11.1%	-$2,618	$20,972

Japanese economy cars have seen a rebound in demand in recent years, likely due to rising fuel costs and reduced consumer spending power. The result is strong pricing for cars like the Toyota Corolla, Honda Civic, and Nissan Versa and Sentra. These vehicles hold their value so well, you’re better off buying a new model instead of a slightly used one.

$30,000 - $40,000 Budget

Top Cars To Buy Lightly Used vs. New: $30,000 - $40,000 – iSeeCars Study
Rank	Model	% Difference Used Over New	$ Difference Used Over New	Used Price
1	Alfa Romeo Giulia	-33.4%	-$16,297	$32,467
2	Kia EV6	-33.3%	-$18,081	$36,243
3	Hyundai IONIQ 5	-32.9%	-$16,805	$34,303
4	Volkswagen ID.4	-32.9%	-$15,609	$31,870
5	Alfa Romeo Stelvio	-32.3%	-$17,495	$36,630

Two Alfa Romeos and three electric vehicles saw the biggest price drops after a year in the mid-level/entry-luxury price range. All of these vehicles lost about a third of their value, which at this price point means a savings of $15,000 to $18,000.

Top Cars To Buy New vs. Lightly Used, $30,000 - $40,000 – iSeeCars Study
Rank	Model	% Difference Used Over New	$ Difference Used Over New	Used Price
1	Ford Maverick	-4.1%	-$1,385	$32,505
2	Ford Maverick Hybrid	-4.4%	-$1,474	$32,039
3	Toyota RAV4 Hybrid	-5.3%	-$2,131	$37,727
4	Kia Sportage Hybrid	-5.9%	-$2,085	$33,397
5	Honda CR-V Hybrid	-7.5%	-$2,963	$36,474

Are hybrids popular with today’s car buyers? They are four of the top five models at holding their value in the $30,000 to $40,000 price range, suggesting the answer is yes. The Ford Maverick, in hybrid or gasoline form, has also been a hot property since it debuted in 2022, proving there was pent-up demand for a small, fuel-efficient pickup truck.

$40,000 - $50,000 Budget

Top Cars To Buy Lightly Used vs. New: $40,000 - $50,000 – iSeeCars Study
Rank	Model	% Difference Used Over New	$ Difference Used Over New	Used Price
1	Dodge Durango	-30.8%	-$19,335	$43,407
2	Audi Q5 Sportback	-27.9%	-$17,050	$43,956
3	Jeep Wrangler Hybrid	-27.3%	-$17,141	$45,592
4	Lincoln Nautilus	-27.2%	-$15,535	$41,498
5	Mercedes-Benz GLC	-27.2%	-$16,185	$43,397

The Dodge Durango and Lincoln Nautilus are nearing the end of their current generations, which has their prices falling dramatically after just one year. The Audi Q5 Sportback and Mercedes-Benz GLC have been redesigned in just the past few years, but like many luxury models they suffer a greater drop in value compared to mainstream brands. The Jeep Wrangler is among the strongest vehicles for long-term retained value, but the hybrid version apparently loses a sizable chunk of value after one year.

Top Cars To Buy New vs. Lightly Used: $40,000 - $50,000 – iSeeCars Study
Rank	Model	% Difference Used Over New	$ Difference Used Over New	Used Price
1	Tesla Model Y	-8.3%	-$3,867	$42,649
2	Chevrolet Traverse	-8.5%	-$3,782	$40,648
3	Kia Carnival	-9.6%	-$3,998	$37,749
4	Toyota Tacoma	-10.4%	-$4,719	$40,757
5	Kia Telluride	-11.3%	-$5,340	$41,926

Tesla’s Model Y is the newest electric vehicle in its line up and market demand remains strong, especially compared to other Tesla models. The Chevrolet Traverse and Kia Telluride are popular three-row SUVs, while the Toyota Tacoma is a perennial favorite, in high demand, among midsize truck buyers. Kia’s Carnival minivan is among the newest in that category, and includes plenty of unique family friendly features. Enough, apparently, to keep its value high for lightly used models.

Regardless of budget, buyers seeking a new-car experience at a substantial discount can find it at every price point. Conversely, used car buyers focused on a specific model should always consider how much they will, or will not, be saving by shopping used. If the cost savings is less than 10 percent it makes sense to consider spending a little more for a brand new vehicle.

Top Cars to Buy Lightly Used or New by Metro Area

iSeeCars also analyzed pricing data in each of the top 50 metro areas by population. The Nissan Murano was the top car to buy lightly used in nine metro areas, while the Honda Civic was the top car to buy new in seven metro areas.

Top Car To Buy Lightly Used And To Buy New in Top 50 Metro Areas by Population – iSeeCars Study
Metro Area	Top Car To Buy Lightly Used				Top Car To Buy New
Metro Area	Model	% Difference Used Over New	$ Difference Used Over New	Used Price	Model	% Difference Used Over New	$ Difference Used Over New	Used Price
Albuquerque-Santa Fe, NM	Ford Bronco	-19.4%	-$13,391	$68,934	Toyota Tacoma	-6.0%	-$2,853	$47,189
Atlanta, GA	Mercedes-Benz S-Class	-36.7%	-$53,097	$144,615	Land Rover Range Rover	5.8%	$8,239	$141,236
Austin, TX	Infiniti QX80	-27.9%	-$21,595	$77,391	Ram 1500	-1.5%	-$913	$59,863
Baltimore, MD	GMC Acadia	-27.3%	-$13,215	$48,379	Toyota Tacoma	-0.9%	-$360	$41,056
Birmingham, AL	GMC Acadia	-29.2%	-$13,986	$47,876	Chevrolet Tahoe	-2.4%	-$1,692	$70,696
Boston, MA-Manchester, NH	Genesis G70	-33.3%	-$16,900	$50,805	Honda Civic	-0.5%	-$167	$31,209
Charlotte, NC	Chevrolet Camaro	-39.5%	-$22,561	$57,085	Honda Civic	-0.7%	-$188	$27,608
Chicago, IL	Mercedes-Benz S-Class	-31.8%	-$46,031	$144,534	Chevrolet Camaro	1.9%	$805	$42,818
Cincinnati, OH	Nissan Rogue	-23.7%	-$8,786	$37,061	Toyota RAV4	-5.0%	-$1,670	$33,311
Cleveland-Akron (Canton), OH	Nissan Murano	-40.1%	-$18,729	$46,656	Toyota Corolla	-8.7%	-$2,147	$24,681
Columbus, OH	Ram 1500	-27.8%	-$16,416	$59,054	GMC Sierra 1500	-4.1%	-$2,637	$64,528
Dallas-Ft. Worth, TX	Nissan Murano	-35.2%	-$14,984	$42,537	Land Rover Range Rover	6.1%	$8,032	$131,326
Denver, CO	Nissan LEAF	-39.2%	-$12,497	$31,904	Toyota Tundra	-6.7%	-$4,072	$60,966
Detroit, MI	Lincoln Corsair	-32.1%	-$15,785	$49,195	GMC Sierra 1500	-2.1%	-$1,244	$59,796
Grand Rapids-Kalamazoo, MI	Ford Edge	-29.2%	-$13,150	$45,045	Nissan Rogue	-5.0%	-$1,557	$30,941
Greensboro-Winston Salem, NC	Ram 1500	-30.5%	-$18,258	$59,824	Toyota Tacoma	-9.6%	-$4,007	$41,803
Greenville-Spartanburg, SC	Hyundai Santa Fe	-23.7%	-$9,633	$40,640	GMC Sierra 1500	-7.0%	-$4,637	$66,375
Harrisburg-Lancaster-York, PA	Nissan Murano	-41.4%	-$19,205	$46,436	Toyota Camry	-4.7%	-$1,376	$29,171
Hartford & New Haven, CT	Nissan Murano	-32.6%	-$15,184	$46,573	Toyota RAV4	-4.2%	-$1,464	$35,224
Houston, TX	Nissan Murano	-37.7%	-$16,510	$43,826	Ford Maverick	-3.4%	-$1,055	$30,758
Indianapolis, IN	Dodge Durango	-32.6%	-$22,277	$68,231	Honda Civic	0.6%	$154	$27,474
Jacksonville, FL	Nissan Murano	-36.2%	-$15,174	$41,932	Ford Bronco	-5.3%	-$3,037	$57,079
Kansas City, MO	BMW 5 Series	-31.0%	-$21,197	$68,382	Honda Civic	-3.3%	-$907	$27,628
Las Vegas, NV	Chevrolet Silverado 1500	-36.1%	-$23,099	$63,936	Toyota Camry	-9.6%	-$2,890	$30,178
Los Angeles, CA	Nissan LEAF	-55.8%	-$19,639	$35,182	Cadillac Escalade ESV	2.7%	$2,582	$95,144
Louisville, KY	Ford Bronco	-18.7%	-$11,843	$63,295	Nissan Rogue	-3.3%	-$960	$29,421
Memphis, TN	Ram 1500	-24.5%	-$15,071	$61,632	Ford F-150	-4.2%	-$2,442	$58,409
Miami-Ft. Lauderdale, FL	Alfa Romeo Stelvio	-40.8%	-$21,779	$53,382	Porsche Cayenne	0.1%	$131	$99,864
Milwaukee, WI	Ford Mustang Mach-E	-31.6%	-$17,519	$55,381	Honda Civic	-5.6%	-$1,560	$27,933
Minneapolis-St. Paul, MN	Dodge Durango	-31.2%	-$20,383	$65,330	Ford F-150 Hybrid	2.7%	$1,608	$59,877
Nashville, TN	Nissan Murano	-28.0%	-$12,755	$45,529	Nissan Sentra	-2.7%	-$624	$23,351
New York, NY	Nissan LEAF	-55.0%	-$20,128	$36,568	Land Rover Range Rover	5.0%	$6,850	$138,182
Norfolk-Portsmouth-Newport News,VA	Ram 1500	-28.1%	-$19,447	$69,275	Toyota Corolla	-4.7%	-$1,130	$23,978
Oklahoma City, OK	Nissan Frontier	-22.5%	-$9,860	$43,736	Chevrolet TrailBlazer	-4.3%	-$1,195	$27,696
Orlando-Daytona Beach, FL	Ram 1500 Classic	-39.1%	-$17,501	$44,778	Tesla Model Y	-5.0%	-$2,342	$46,516
Philadelphia, PA	Kia EV6	-44.2%	-$24,689	$55,908	Toyota Sienna Hybrid	-3.9%	-$1,879	$48,450
Phoenix, AZ	Volkswagen ID.4	-38.1%	-$18,536	$48,704	Ford F-150	-1.6%	-$960	$60,114
Pittsburgh, PA	Lincoln Corsair	-29.9%	-$15,529	$51,914	GMC Sierra 1500	-8.7%	-$5,612	$64,333
Portland, OR	Mercedes-Benz GLC	-34.3%	-$20,757	$60,531	Honda Civic	-0.9%	-$258	$30,070
Raleigh-Durham (Fayetteville), NC	Nissan Murano	-33.6%	-$14,773	$43,913	Ford F-150	-1.9%	-$1,089	$57,733
Sacramento-Stockton-Modesto, CA	Honda Pilot	-33.1%	-$16,734	$50,497	Toyota Corolla	-5.5%	-$1,402	$25,619
Salt Lake City, UT	GMC Acadia	-26.7%	-$13,225	$49,455	Porsche Macan	6.9%	$5,041	$72,578
San Antonio, TX	Nissan Armada	-27.6%	-$17,418	$63,069	Ford Maverick	7.0%	$2,083	$29,959
San Diego, CA	Porsche Macan	-28.6%	-$22,795	$79,754	Honda Civic	-7.1%	-$1,998	$28,075
San Francisco-Oakland-San Jose, CA	Mercedes-Benz GLC	-33.1%	-$19,799	$59,850	Toyota RAV4 Hybrid	-2.4%	-$923	$38,626
Seattle-Tacoma, WA	Nissan LEAF	-46.4%	-$16,989	$36,635	Toyota RAV4 Hybrid	-2.6%	-$1,024	$39,979
St. Louis, MO	GMC Acadia	-28.4%	-$13,547	$47,697	Chevrolet Tahoe	-3.1%	-$2,297	$73,072
Tampa-St Petersburg (Sarasota), FL	Nissan Murano	-39.4%	-$16,806	$42,695	Honda CR-V Hybrid	-3.8%	-$1,384	$36,419
Washington, DC (Hagerstown, MD)	Dodge Durango	-36.2%	-$24,647	$68,098	Ford F-150	-0.6%	-$323	$56,312
West Palm Beach-Ft. Pierce, FL	GMC Acadia	-30.2%	-$13,559	$44,898	GMC Sierra 1500	1.5%	$892	$61,401

Methodology

iSeeCars analyzed over 1.6 million new and lightly used cars listed for sale from January through March 2024. New cars included in the analysis were from model years 2023 and 2024, while lightly used cars were defined as used vehicles from model years 2022 and 2023 with mileage within 20 percent of 13,476 miles, the average miles driven per year. Low-volume models and models discontinued as of the 2023 model years were excluded from further analysis. The average asking prices of the lightly used cars were compared to those of new cars from the same model. The difference in price for each car was expressed as a percentage of the new average prices and ranked by this difference.

About iSeeCars.com

iSeeCars.com is a data-driven car search and research company that helps shoppers find the best car deals by providing key insights and valuable resources, including the iSeeCars VIN Check report and Best Cars Rankings. iSeeCars has saved users over $414 million so far by applying big data analytics powered by over 25 billion (and growing) data points and using proprietary algorithms to objectively analyze, score and rank millions of new cars and used cars.