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|
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and NADAGuides are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Signup for The Weekly Newsletter
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
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!