Cars that lose the most value in the DC market (and the best bargains)

The 2015 Cadillac CTS on display at The Hollywood Reporter Nominees Night presented by Cadillac, with Delta, Roberto Coin, and Neiman Marcus Beverly Hills at Spago on Mon. Feb. 2, 2015, in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision for The Hollywood Reporter/AP Images)
No. 5 — Cadillac CTS with a three-year depreciation rate of 55% (Photo by Jordan Strauss/Invision for The Hollywood Reporter/AP Images) (Jordan Strauss/Invision/AP/Jordan Strauss)
The 2017 Lincoln MKZ is shown at the Los Angeles Auto Show on Wednesday, Nov. 18, 2015 in Los Angeles. The Lincoln MKZ is getting an updated look and a big increase in power. (AP Photo/Chris Carlson)
No. 4 — Lincoln MKZ with a three-year depreciation rate of 55.2% (AP Photo/Chris Carlson)
The 2016 Jaguar XF is displayed at the New York International Auto Show, Wednesday, April 1, 2015. (AP Photo/Mark Lennihan)
No. 2/3 — Jaguar XF with a three-year depreciation rate of 55.6% (AP Photo/Mark Lennihan)
The Mercedes-Benz E-Class Coupe makes its debut at the North American International Auto Show in Detroit, Monday, Jan. 9, 2017. (AP Photo/Paul Sancya)
No. 2/3 — Mercedes-Benz E-Class with a three-year depreciation rate of 55.6%.  (AP Photo/Paul Sancya)
PARK CITY, UT - JANUARY 23:  A 2018 Acura RLX on display at Sundance Film Festival 2018 on January 23, 2018 in Park City, Utah.  (Photo by Neilson Barnard/Getty Images for Acura)
No. 1 — Acura RLX with a three-year depreciation rate of 57.1%.   (Photo by Neilson Barnard/Getty Images for Acura)
(1/5)
The 2015 Cadillac CTS on display at The Hollywood Reporter Nominees Night presented by Cadillac, with Delta, Roberto Coin, and Neiman Marcus Beverly Hills at Spago on Mon. Feb. 2, 2015, in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision for The Hollywood Reporter/AP Images)
The 2017 Lincoln MKZ is shown at the Los Angeles Auto Show on Wednesday, Nov. 18, 2015 in Los Angeles. The Lincoln MKZ is getting an updated look and a big increase in power. (AP Photo/Chris Carlson)
The 2016 Jaguar XF is displayed at the New York International Auto Show, Wednesday, April 1, 2015. (AP Photo/Mark Lennihan)
The Mercedes-Benz E-Class Coupe makes its debut at the North American International Auto Show in Detroit, Monday, Jan. 9, 2017. (AP Photo/Paul Sancya)
PARK CITY, UT - JANUARY 23:  A 2018 Acura RLX on display at Sundance Film Festival 2018 on January 23, 2018 in Park City, Utah.  (Photo by Neilson Barnard/Getty Images for Acura)
The average three-year depreciation rate for a new vehicle in the D.C. market is 38.2%, but some vehicles lose value more quickly in this area.

New and used vehicle marketplace and automotive research firm iSeeCars said the car that currently tops its list for fastest-depreciating car in the D.C.-area market is the Acura RLX. A three-year-old RLX sells for an average $26,375 in the D.C.-area market, for a three-year depreciation rate of 57.1%.

Tied for No. 2 on the local list are the Mercedes-Benz E-Class and Jaguar XF, each with a three-year depreciation rate of 55.6%. A three-year-old E-Class sells for an average $31,594 locally. A three-year-old XF sells for an average $30,663.

The top five fastest-depreciating cars in the D.C. market are all luxury models.

“Luxury brands are often leased, which creates a surplus of these three-year-old luxury vehicles in the used car marketplace without an equal amount of demand,” said iSeeCars CEO Phong Ly.

“Given the heightened demand for SUVs, which account for a higher share of used car inventory than ever before, luxury sedans are less sought after and have to come down significantly in price to attract used car buyers.”

Coming in at No. 4 is a Lincoln MKZ, with a three-year depreciation rate of 55.2%, and an average price of $19,819.

And at No. 5 is the Cadillac CTS, with a three-year depreciation rate of 55.0%, and an average three-year-old price of $25, 889.

iSeeCars ranks the Lincoln MKZ as the best used-car bargain under $20,000 nationwide, based on average price after three years, followed by the Kia Cadenza, Ford Fusion Hybrid, Chevrolet Impala and Kia Optima Hybrid.

The best almost new SUV bargain is the Lincoln Navigator L, with an average three-year-old price of $37,905, 51.6% less than it sold for new.

Jeff Clabaugh

Jeff Clabaugh has spent 20 years covering the Washington region's economy and financial markets for WTOP as part of a partnership with the Washington Business Journal, and officially joined the WTOP newsroom staff in January 2016.

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