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Luxury cars are a byword for depreciation, right? In most situations, yes. Modern cars have so much technology and complicated engineering that’s gone into them, reliability has become a growing concern among society, and that has also led to a substantial depreciation
The COVID-19 pandemic also played a part in completely realigning the market, with the chief instigator being the shortage of computer chips that were distributed among automakers. That had a direct impact on the used car market which is teetering in disarray at the moment. Almost everything is inflated, which has been music to the ears of traders. But it was never going to last, and the market has started to level off once more.
But that gave us food for thought: which cars hold their value the best? We’ve decided to pull together a list of 10 European luxury cars with the best resale value, using data and information gathered from CarEdge. With a mix of vehicle body types, and some surprising results making it to the list, here’s what the findings claim are the cars that depreciate the least:
10 BMW M5 (Estimated Resale Value Of 57 Percent)
Starting our top 10 off strong is the BMW M5, which retains an average of 56.88 percent of its value after seven years when purchased new. Beyond that, you can expect the M5 to hold its price tag pretty well, given that these are some of the most accomplished and in-demand cars in the world.
Ever since the E28 was released in 1984, the M5 lineage has been in a class of its own when it comes to refinement, capable of breathtaking lap times on the circuit while remaining full of presence and character on the road. It comes as no wonder that the 2023 BMW M5 retains its value so well.
9 Audi S6 (Estimated Resale Value Of 57 Percent)
Just sneaking ahead of the M5 is the Audi S6, which is famed among the car community for being the 2016 Cannonball record holder. The celebrated model has a value retention of 56.96 percent, and given that prices start at around $65,000 for a new one currently, you can expect to recoup around $35,000 after seven years of ownership.
That sounds steep, but in reality, it represents a pretty good return for a vehicle that hasn’t always featured highly on resale value lists. As a car, there are few faults that owners will have with it, too. It combines a prudent economy range with ample performance, and while it may not have the most luxurious cabin on offer from Audi, it’s pretty close to the top.
8 BMW X1 (Estimated Resale Value Of 58 Percent)
In eighth place is the Bavarian brand’s second appearance in the form of its baby SUV: the 2023 BMW X1. CarEdge claims a value retention percentage of 58.49, which is one of the main 5 things we like about the BMW X1. When it was released, there were plenty of skeptics that claimed BMW didn’t need to make the X1, but its market success has clearly proven otherwise.
With a new example setting you back at least $33,000, you can expect to get around $18,000 back for it after seven years of use. The reason for its value conservation is down to two reasons: its reliability is high, and it acts as a slimmed-down alternative to the much bulkier X6, which is becoming larger with every new generation.
7 Audi S4 (Estimated Resale Value Of 61 Percent)
As true enthusiasts, a part of us is slightly upset that Audi hasn’t done a full-fat RS4 sedan since the B7, which is over 15 years ago now. But that’s not to diminish the talent of the S4, which is the much more suitable option for most. Owners that do want to really push their S4’s boundaries can also use the Throtl Audi S4, possibly the perfect German sports sedan, as inspiration for what can be achieved.
Another trick up its sleeve is just how wallet-friendly the S4 will prove to be when the time comes to move on, with CarEdge claiming an average seven-year residual value of 60.72 percent. It’s not quite the best on this list, but it is the first European luxury car to break the 60 percent barrier, meaning you should be getting a lot more than half of the initial outlay back.
6 BMW 2 Series (Estimated Resale Value Of 61 Percent)
With a resale value of around 61.10 percent after seven years, the 2 Series’ popularity writes itself. The range-topping M2 in particular is seeing a price rise, thanks in no part to the fact that journalists and road testers have waxed lyrical about the little sports car’s ability to offer a superb all-round driving package.
So, while the latest M2 might draw critics with its looks (nothing unusual there), it genuinely stakes a claim for being the best modern manual sports car in a comparison test. If you were to invest in an earlier F-Series M2, you retain the striking looks and dynamic package. We also have plenty of reasons to believe that this particular era will soon be worth a fortune.
5 Audi Q3 (Estimated Resale Value Of 62 Percent)
The Q3 just does everything well, that’s why it sells in good numbers. Where luxury SUVs are concerned, Audi has been making some of the very best competitors for a while now, and the Q3 is almost always in the conversation, even if it does so rather quietly. We personally love the 2023 Audi RS Q3 10 Years Edition, which is a fast SUV with a sonorous turbo five-cylinder.
The standard Q3’s 61.71 percent resale value estimate is among the very best for cars in its class and is only really beaten out by a few rivals from Lexus. That speaks volumes about a car that, on the face of it at least, doesn’t seem to be a world-beater. In truth, though, it’s a wolf in sheep’s clothing. That hardly comes as a surprise, since Audi is one of the very best brands at making cars that are deceptively better than they look like they are.
4 BMW Z4 (Estimated Resale Value Of 63 Percent)
Yet another dependable option on the market, but not one that we were expecting to be so high up on this list. Z4s of old were notorious for plummeting in value soon after purchase, as is the case with a lot of two-seat sports cars even now. The current Z4, however, has rewritten that prerogative entirely, with a 62.72 percent resale value after seven years according to CarEdge.
That’s not just an impressive figure for a two-seat sports car, but it’s an incredible figure for any car of any body type. With the current model set for retirement soon, we also previewed a next-generation BMW Z4 concept render, which points to a bright future for the roadster.
3 Mercedes-Benz G-Class (Estimated Resale Value Of 63 Percent)
This is one car that doesn’t surprise us at all. G-Classes have always been popular, and even though brand-new examples can cost well north of $200,000 when fully decked out, they’re still expected to fetch a pretty penny when the time comes to sell up. The findings have shown the G-Class to be the third-best value retainer after seven years, at 63 percent.
Even if you scroll through websites like Kelley Blue Book, and search for used Mercedes-Benz G-Classes, you’ll find that even the oldest examples are commanding seriously high sums. There’s no cheap way to buy into the G-Class hype, and that’s why they’re such huge statement cars. For a slight change of tone, check out this driving Mercedes-Benz G-Class ice sculpture, which is just too cool!
2 Audi TT (Estimated Resale Value Of 70 Percent)
One of the reasons for the Audi TT’s great success is the fact that it can hold its value so well. According to CarEdge, the average TT can be sold for around 70 percent of the amount that it was purchased for, to begin with. Factor in the stern reliability that also comes with pretty much all TT models, and you can see why it has been a popular sports car option for all these years.
There are a plethora of reasons why driving enthusiasts should consider buying the Audi TT, and now that the brand has officially announced its retirement, we think its general value – and therefore resale value – will only climb. The world is going to miss the little TT when it’s gone, but we can be grateful that its success has been and will continue to be, felt around the world for years to come.
1 Porsche 911 (Estimated Resale Value Of 83 Percent)
With a seven-year residual value of 83 percent, the Porsche 911 is, by some distance, the most rewarding luxury car to buy. Not only has the badge represented the ultimate go-to sports car option for 60 years now, but the last few generations in particular have started to apply pressure on the premium supercars and even the rarified hypercars that are meant to be placed above it. Check out our list of 10 Porsche 911 models that make the best daily drivers.
Regardless of which trim grade you opt for, be it the Carrera, the 4S, the Turbo, or even one of the RS models, you can sleep comfortably knowing that you have not just one of the finest sports cars on the planet, but also one that won’t run away with the sizable outlay you paid for it to begin with. The 911 truly has earned its status as the cream of the crop.
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