Anyone who buys a slightly used luxury car can make a real cut compared to buying new. It is the first buyer who gets to take the hit. This is how big the loss in value can be.
Calculating what the car actually costs is not that simple – it depends on the reduction in value that can only be calculated when the car is sold.
But one thing is certain: the loss in value is usually by far the biggest “expense” for a car owner and it can be frighteningly high for newer cars – and especially luxury cars with a lot of extra equipment.
A quick look at Blocket suggests that it is teeming with fast performance models where the first owner took a huge hit in terms of the loss of value.
This walkthrough is mostly for fun – so it’s not scientific, just a quick look at resale value to give a different perspective. The loss in value is also greatest when the car is new and then levels off.
We have started from the prices in the car dealers’ advertisements, so the loss in value may be different if the cars are sold for lower sums than these.
Valued at over SEK 400,000
It is not unusual for certain car models to lose value of over SEK 400,000 per year. One of the “worst things” in our list is the Porsche Taycan from 2022, which has driven around 3,500 miles. If it is sold for the unadvertised price, the value falls to SEK 439,000 or almost SEK 300 per mile.
Calculated per mile, the loss in value is enormous in the BMW XM where the first owner had to pay over SEK 700 per mile for the pleasure. However, the loss in value is even greater for the Aston Martin DB12 – a sweaty SEK 2,700 per mile.
The BMW i5, Range Rover and Mercedes EQS are also on the list of highly valued luxury cars.
Even “regular” cars
But it’s not just luxury cars on the list. In fact, two demo cars from Opel have extremely high depreciation per mile, and so has the Volvo XC40 as an electric car.
For comparison, we include two Subaru cars of the 2024 model year in the comparison. They have “only” cost the owner just under SEK 50 per mile in depreciation.
Here is our list of the depreciation for 75 car models.
