If you've ever had buyer's remorse about a new vehicle you've purchased you're not alone. It's one reason Car Pro Show host Jerry Reynolds always recommends a test drive.
A new study from iSeeCars lists the Top 10 New Cars Owners Resell In The First Year. All of them - luxury cars. The list is topped by the Land Rover Discovery Sport with 28.3% of its owners selling it in the first year — nearly eight times the average rate of 3.6%.
Top 10 New Cars With Highest First-Year Resell Rate
Porsche is the brand most likely to be resold in the first year, with 16% of its new cars resold by their original owners within 12 months.
Top 10 Non-Luxury Cars With Highest First-Year Resell Rate
The new non-luxury models most likely to be resold include the MINI Clubman, Mitsubishi Mirage G4, and Mazda CX-70.
About the Study
iSeeCars says it analyzed over 18.5 million new cars sold in 2023-2024 to identify which vehicles and brands were resold as used within the first year. The analysis found that the average first-year resale rate for new cars is 3.6%, while resale rates for the top 10 models range from four to eight times higher.