Karl Brauer is an automotive analytics wonk. It’s a compliment to the work and enthusiasm the lead analyst for iSeeCars.com has for number crunching, comparisons, trends and all things related to buying, selling, appreciation and deprecation of cars and trucks. He’s eloquent while discussing what might otherwise seem mundane.
Brauer is our guest on this episode of The Weekly Driver Podcast. He’s a repeat guest for all of the above reasons.
Co-host Bruce Aldrich and I can’t get enough of the site. Its surveys include data from millions of cars and the topics are relevant, including the least and most depreciation of new cars from three and five years after ownership. The lowering prices of used. A new study details the cars with the top percentages of value above their MSRP from three years ago.
Here’s what editors at iSeeCars.com commented on the use car industry.
“Depreciation is the most expensive part of car ownership, and with the drastic rise in car prices over the past two years, finding a vehicle that retains its value can provide significant savings for consumers.”
“In the current high demand, low supply vehicle market, the average new car loses just 16.9 percent of its value after three years, and 33.3 percent of its value after five years.
“However, some cars retain their value and depreciate far less than average (7.3 percent or $2k for the Jeep Wrangler after 5 years), while others do the opposite (56.9 percent or $62k for the BMW 7 Series after 5 years). As an unprecedented sign of the times, there are five models that have actually appreciated over the past 3 years, meaning their current used value is now higher than their original new MSRP. “
With the automotive industry always in flux, and particularly during a supply chain shortage, Bauer provides insight into the current buying and selling trends in the industry.
We also talk with Brauer about the electric vehicle segment. What’s its current status? Can any manufacturer challenge Tesla? How does the depreciation of the EV segment compare to gasoline and hybrids?
The Weekly Driver Podcast has featured iSeeCar.com experts, Julie Blackley and Brauer, several times during our more than five years online.
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