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Buying a luxury car is like a ticket to a luxurious life. Nothing beats an outright luxury car when it comes to an indulgence after years of dreaming, hard work, and saving up. Luxury cars not only offer the most comfortable experience but also come packed with cutting-edge features that cannot be found elsewhere. Higher maintenance costs and depreciation are the two biggest cons of luxury car ownership. The latter hit the hardest as the moment you drive out of the showroom floor, your luxury car will depreciate by some amount, and it increased to 10% within the first month of ownership.
All luxury cars depreciate and there’s no workaround to that. However, some luxury cars hold their value well over time making a strong case for them. With the help of CarEdge, here are 10 such luxury cars:
10 Lexus ES 350 – 75.94% 5-Year Residual Value
At 10th place, we have Lexus’ affordable sedan that ranks high on luxury. According to CarEdge a Lexus ES30 will only depreciate 27% after the first 5 years, and it will hold a resale value of approx $34,124. But that is not the only reason why you should consider one. The ES350 is one of the most reliable sedans available today and arguably the best midsize luxury sedan to buy used or new.
9 BMW X3 – 76.04% 5-Year Residual Value
The BMW X3 is one SUV that is often overshadowed by its bigger brothers. But for what it’s worth, the X3 is a great soft roader and a driver’s SUV. The X3 will only depreciate 37% after 5 years, and it can hold a resale value of around $32,323. But the BMW has a problem as it suffers from steep depreciation over the years unlike some other makes like Lexus which holds its value well.
8 Audi A5 – 76.14% 5-Year Residual Value
Audi A5 is the German marque’s sportier sedan that slots in between the A4 and the A6. It is often seen as a fun-to-drive version of the trio, and the A5 will depreciate 42% after 5 years and have a 5-year resale value of $30,166. This means if you plan to keep an Audi A5 for 3 years you will lose around $17,104 in value during that time.
7 Lexus RX350 – 76.71% 5-Year Residual Value
Lexus’ models are often known to hold their value well. This is partly due to its premium image followed by the unmatched reliability that it offers in the luxury car market. For this reason alone, Lexus models are the most sought-after in the used car market. The RX350 is one SUV that retains its value well. The SUV will only depreciate 28% after 5 years and can fetch a price of around $39,657 after 5 years.
6 Land Rover Range Rover Sport – 76.65% 5-Year Residual Value
It is not a secret that Land Rover SUVs are high on maintenance and are not the most reliable cars out there. But these SUVs redeem themselves with outright opulence, striking design, and great off-road performance. If you want the sportiest of them all, the Land Rover Range Rover Sport is the SUV for you. As per CarEdge, this giant depreciates 42% after 5 years and has a 5-year resale value of $64,920.
5 BMW 2 Series – 77.00% 5-Year Residual Value
BMW’s entry-level 2 Series, at least the current generation, receives a lot of flak for being a front-wheel-drive car. But look past that and the BMW 2 Series is a great product that offers a terrific driving experience. After 5 years, the 2 Series depreciates by 38% and will be worth around $27,388 by the fifth year. This means if you plan to sell the BMW 2 Series after 3 years, you will incur damages worth around $7,217.
4 Audi Q3 – 78.00% 5-Year Residual Value
Audi’s smallest SUV, the Q3 has always stood out from the competition for various reasons. It offers the same Quattro AWD system along with a styling that resembles the bigger SUVs from Ingolstadt. Considering data for 5 years, the Audi Q5 will only depreciate by 28% as it holds a resale value of $31,753 by the end of the fifth year.
3 Lexus IS 350 – 80.78% 5-Year Residual Value
The third and the last Lexus model on this list is the ubiquitous IS 350 sedan which has been a strong model for the Japanese luxury brand. Competing with the BMW 3 Series and the Mercedes-Benz C-Class is not an easy task but this Lexus sedan had stood its ground and carved a niche for it over the years. And when it comes to real value, it takes the crown as it only depreciates by 29% after 5 years.
2 Mercedes-Benz G-Class – 82.13% 5-Year Residual Value
The Mercedes-Benz G-Wagon is one of the oldest names in the automotive industry. It is also one of the most rugged and reliable off-roaders money can buy today. A Mercedes G-Class will depreciate only 23% after five years or 60,000 miles. And after 10 years, a G-Class will hold its value better than a competitor from rival brands including the Land Rover Range Rover. So, this is the XL-sized SUV to buy if you want the best resale value.
1 Porsche 911 – 87.20% 5-Year Residual Value
The Porsche 911 does not need any introduction. It is the most iconic sports car ever made and one of the best performance cars you can buy today. Classic and vintage 911s hold value and appreciate like crazy, but you’d also be surprised to find that the new Porsche 911 can also hold its value. A Porsche 911 will only depreciate 15% over 5 years making it the car that holds its value the most by a good margin! It is truly one of the all-time greats.
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