10 Most Abandoned Cars Within One Year of Ownership
New research finds some vehicles are abandoned after just one year.Â
Feature availability and high monthly payments are among the top reasons.Â
Now on the used market, these cars may be a savings opportunity for buyers.
The study from car search engine iSeeCars analyzed over 40 million new car sales.
You might be on either end of the typical car ownership spectrum: someone who trades it in when the novelty wears off; or you hold onto your car until it?s no longer drivable. Whichever category you fall into, you likely won?t be getting rid of your vehicle while the new car smell still lingers. And if you resemble the average buyer, you?ll keep your ride for around seven years. However, this is not always the case, as new data reveals the 10 most abandoned cars within one year of ownership. Sifting Through The Data
3.4 percent of new cars don?t make it to one full year of ownership. While that doesn?t seem like a large number, it accounts for a significant share of the used car marketplace. At iSeeCars we wanted to determine which new cars are given up the most within one year. We also wanted to uncover possible explanations as to why they are relinquished so quickly. To solve this puzzle, we analyzed 46 million new car sales to see which vehicles were most often resold within one year.
Our list provides an interesting mix. Here are the 10 most abandoned cars within one year of ownership.
10 most abandoned cars within one year of ownership.
10 Most Abandoned Cars: Luxury...
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