Purchasing a new or used car over the past few years has largely been an expensive endeavor as supply dwindled and demand remained steady, but things are slowly heading back to normal levels. However, this isn’t the case with every model on the market – some still represent far better values than others, and in that regard, Lincoln vehicles, specifically, have been depreciating quicker than most other brands as of late. For those looking for a gently used vehicle, however, that’s not exactly terrible news – particularly if they’re in the market for a Lincoln Nautilus.
On its latest list of the best and worst new and used vehicle values on the market, iSeeCars ranked the Lincoln Nautilus as one of the top lightly-used vehicle choices for those with somewhere between $40,000-$50,000 to spend. This is due to the fact that used Lincoln Nautilus crossovers from recent models years are selling for an average of $41,498, which is 27.2 percent or $15,535 less than a new one. As iSeeCars pointed out, much of this sharp decline stems from the fact that the Nautilus was just redesigned for the 2024 model year.
To come up with these rankings, iSeeCars analyzed over 1.6 million new and lightly used vehicles listed for sale from January through March 2024. It defines lightly used vehicles as those from the 2022 or 2023 model year with mileage coming in at around 20 percent of 13,476 miles, which is the average miles driven per year in the U.S.
“Car buyers seeking the best value often shop used models instead of new,” said Karl Brauer, iSeeCars executive analyst. “While a used car almost always costs less than it did new, some models lose more than 25 percent of their value after just one year, giving buyers a near-new ownership experience at a substantial savings.”
We’ll have more on the Lincoln Nautilus soon, so be sure and subscribe to Ford Authority for more Lincoln news, Lincoln Nautilus news, and continuous Ford news coverage.
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