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7 Cars You May Regret Buying
May 14, 2015When signing all the paperwork after purchasing a new car, there's always a little fear that you will regret your decision. The sad news is there are some vehicles that car buyers end up getting rid of really quickly -- sometimes in less than a year.
According to an article on Forbes.com, the average car buyer keeps their car for nearly 8 years, but about 2.7% of all new vehicles are traded in after only being owned for about a year. For some particularly bad models, nearly 11% of all buyers sell it within a year.
Forbes reported on the top seven vehicles that are sold within their first year of ownership. At the top of the list is the Buick Regal, with an average of 10.7% of owners selling it after the first year. Other vehicles on the quick-to-sell list include the Chevrolet Sonic, BMW X1, and Nissan Frontier.
Top 7 Cars Sold After Less Than One Year
|Vehicle||% Sold After 1 Year|
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Select Vehicle to Get Local Pricing
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
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About The AuthorGregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
I welcome your car buying questions. Email Me and I'll be glad to answer them!