New report: The 9 best vehicles to buy new over used

Money expert Clark Howard has been telling you for years that it’s best to buy a car that’s two or three years old because new cars lose value the second they’re driven off the dealer’s lot.

But if you’re going to buy a brand new car anyway, there’s a new list you need to know about.

iSeeCars.com analyzed more than six million new and used vehicles sold over several months to compare the prices of new cars to one-year-old cars.

Here are three key findings from the new report: 

  • Certain vehicles can be purchased new for as little as $2,885 over the price of the previous year’s lightly-used version
  • Nine new vehicles cost up to just 15% more than the gently used version
  • Cars with the smallest changes in price are popular models and nearly all of them are pickup trucks and SUVs, which are in high demand

“It’s widely understood that new cars tend to lose a large portion of their value shortly after they’re driven off the lot, but these cars retain more of their value over the first year,” said iSeeCars.com CEO Phong Ly. “Instead of buying a car that’s been driven for one year, consumers can buy the new version for just a few thousand dollars more and take advantage of the latest and greatest technological and safety features. When spread out over the length of a car loan at an average of 5.5 years, the slightly increased monthly payments can be offset by the added warranty and dealer incentives.”

Overall, the average new vehicle costs 26.8% more than a slightly used car, according to the study. In dollars, that works out to $7,654.

The price and percentage differences are much lower for all of the vehicles that made this list…

Here are iSeeCars.com’s best vehicles to buy new over used: 

1. Jeep Wrangler Unlimited

Jeep Wrangler Unlimited

  • Percentage difference new over used: 8.9%
  • Dollar difference new over used: $3,199

2. Toyota Tacoma

  • Percentage difference new over used: 10.4%
  • Dollar difference new over used: $3,320

3. Toyota 4Runner

Toyota 4Runner

  • Percentage difference new over used: 12.7%
  • Dollar difference new over used: $4,605

4. Nissan Frontier

Nissan Frontier

  • Percentage difference new over used: 13.3%
  • Dollar difference new over used: $3,180

5. Honda Pilot

Honda Pilot

  • Percentage difference new over used: 13.7%
  • Dollar difference new over used: $4,858

6. Chevrolet Colorado

Chevrolet Colorado

  • Percentage difference new over used: 13.7%
  • Dollar difference new over used: $4,154

7. Honda HR-V

Honda HR-V

  • Percentage difference new over used: 13.8%
  • Dollar difference new over used: $2,885

8. Jeep Renegade

  • Percentage difference new over used: 14.1%
  • Dollar difference new over used: $2,897

9. Subaru WRX

Subaru WRX

  • Percentage difference new over used: 14.2%
  • Dollar difference new over used: $4,115

Whether you’re shopping for a new or used car, Clark recommends that you consider a short-term subscription to Consumer Reports to check out its ratings and reviews.

Here are the “Clark Smart” steps for buying a new car!

Source: clark
New report: The 9 best vehicles to buy new over used