Which luxury car brands have the worst resale value in 2022?
The numbers don’t lie; these luxury car brands have the worst resale value for 2022. All automakers on this list, such as Jaguar, Lincoln, and Genesis, have a retained value of around 45%. Which cars and SUVs have been the worst offenders of these luxury brands?
Jaguar is the luxury brand with the worst resale value
In the end, Jaguar topped MotorTrend’s new list. MotorTrend and IntelliChoice found that Jaguar vehicles should only retain 45.3% of value after five years. The industry average is 47.6%, which puts Jaguar below. The automaker is not a massive seller in the US and actually has one of the smallest market shares.
The Jaguar F-Type convertible equipped with the 2.0L turbo engine has the lowest projected resale value after five years at 43.3%. After the same five years, the F-Pace SVR SUV has managed to retain 46.2% of its original value.
Lincoln makes list of luxury brands with worst resale value
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The next brand on the list is Lincoln. This year, the automaker has tightened its lineup and eliminated all sedans. That left only SUVs, like the Navigator L. The Navigator L should only retain 41.4% of the original resale value. It’s not a great return on investment, but there is good news. The Corsair sport utility vehicle is expected to retain 45% of its value. The smaller Lincoln Aviator PHEV will likely retain 45.8% of its value. Lincoln has gone through a lot of changes with the phasing out of its cars, so hopefully this luxury car brand bounces back.
It may be new to the game, but Genesis doesn’t deliver value
Genesis is new to the market and has received a lot of praise for the GV70 SUV. It actually won MotorTrend’s SUV of the Year this year, but that doesn’t stop it from having terrible resale value. After five years, most of the Genesis line is between 40% and 45% of the original value. After five years, the G90 sedan retains only 35.3% of its initial value. The G90 Premium only retained 35.4% of its value. Depending on how long you plan to keep your new car, it may be worth looking into a lightly used version for less depreciation.
Infiniti vehicles only managed to hold 42.6% of the value after five years. The Q60 sports coupe and Q50 sedan were the worst offenders, with 39.2% and 40.7%. Cadillac and Alfa Romeo are the other brands whose resale value is lower than the industry average.
These are just a few of the luxury brands 2022 has to offer, and some will deliver better ROI. Toyota and Lexus tend to make reliable SUVs with high resale value if they don’t tick all the boxes.
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