Autos

7 Cars Buyers Cannot Wait to Trade In

Dodge Charger. KBB’s experts rated the car at an overall 7.0 out of 10, and 7.7% of owners sold the car after just one year of ownership. That is 2.8 times the average rate. The car has 117 ratings at KBB’s website and an overall rating of 9.2. The MSRP on the car is $27,900.

BMW X1. This crossover SUV carries an MSRP of $31,850 and an overall rating of 7.6 from KBB’s experts. A full 7.8% of owners sold the car after just a year of ownership, which is 2.9 times the average rate of 2.7%. Consumers have posted 47 ratings for the vehicle on the KBB website, and the overall rating is 8.7.

Chevrolet Sonic. The second GM-built car to make this list had 8.9% of owners sell after just one year, a rate three times the average. The KBB experts rate the car at 7.7, and consumers give it an 8.5 rating, based on 135 total reviews. The MSRP on the car is $14,995.

Buick Regal. The third GM-made car that owners cannot wait to sell gets resold within one year at a rate of 10.7%, four times the average of 2.7%. The midsize Regal gets a rating of 7.1 from the KBB experts, and 86 consumer ratings yield an overall score of 8.9. The MSRP on the car is $30,615.

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iSeeCars notes that all seven cars were ranked as average (three stars) or worse in the J.D. Power 2014 U.S. Initial Quality Study, which surveys consumers after 90 days of ownership.

The company’s CEO, Phong Ly, suggests that the presence of the BMW X1 and Mercedes-Benz C-Class vehicles on this list could indicate that the technology does not work as promised or is difficult to use (more likely the latter). The Buick Regal competes with both Lexus and BMW models and may be found wanting in the luxury details that buyers expected.

The good news is that consumers looking for one of these cars can often find a bargain. For example, a 2014 Buick Regal with 10,000 to 15,000 miles is currently valued at 32.2% less than its new car price (based on iSeeCars.com’s database of cars for sale). 2014 models of the Dodge Charger and the Mercedes-Benz C-Class with average miles averaged 31% and 28.4% less than their new prices, respectively. Minimum savings for buyers on six of these seven cars is nearly 18%, according to Ly.

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