The Cadillac XTS is a mid-sized car first introduced in 2013. Despite its elegant appearance and luxury features, it barely made an impression. For one thing, it did not have the driving dynamics the ATS or CTS boasted of, nor the luxury offered by the CT6. The Cadillac XTS was available for about $45k, a reasonable amount for the front-wheel drive and 304 hp engine. These days, you may find a secondhand unit for only half of that amount!
The VW Passat is not a luxury vehicle. It is a mid-sized sedan suitable for family use. These days, you can get one for much cheaper than its base price. It comes with modern features and technology, an expansive variety of engines, and the trademark style of a Volkswagen. While it is a good car, it has been affected by Dieselgate as well. The diesel lineup of the brand has suffered a lot, so a 2014 VW Passat formerly worth $25k has since gone down to $12k. It might not be a good idea to get the diesel version, however.
Dodge essentially recreated the Charger, only with a sleeker profile, different design and in station wagon form. Meaning, the Magnum has the same mechanics: great build quality, rear-wheel drive and powerful engines. But, since the Magnum was introduced during the SUV craze, buyers never really went for it. Today, you can buy this car for only $7k…talk about a good deal.
There is a great amount of competition in the executive sedan section. Ford introduced the Lincoln MKZ as a response to the BMW 3-Series and Mercedes C-Class. Unfortunately, the luxury vehicle was never considered an equal rival, even when it came with high-quality equipment, leather interior, and a powerful 263 hp engine. It has a $35k base price, but a 5-year-old unit will only cost you $15k these days.
A reliable and very common choice of car for a family ride. A 2010 model goes for around $8,000 thanks to almost a decade of depreciation. This family sedan is a great choice and Mazda handles aging particularly well. If you are searching for a reasonable quality second car this one is a great choice.
Hyundai Genesis Coupe
This car is a bit wary in its design, somewhere in between a sporty and family oriented- however, it never really managed to come across as attractive to the general public. It was created with inspiration from the Ford Mustang and Dodge Charger and simply was unable to compete with them. The car originally went for $27,000 and now goes for around $8,000-$9,000.
BMW 7 Series
The BMW 5 and 7 Series both depreciate at a faster rate than their Mercedes Benz counterparts. This 7 Series has an extremely high depreciation rate, losing 71.1% of its original value after 5 short years.
This stylish SUV boasts of great interiors, quality, and performance so you really cannot go wrong with it. With its luxury features, you will get the bang for your buck if you get a good deal on it. We recommend skipping the $40k price tag for a brand-new unit. After all, you only need to shell out $15k for an older unit of this make and model!
The Audi A8 is another popular luxury model that has charmed people from all over the world with the Quattro AWD, powerful engines, elegance, and luxury features. Despite all of these, it was constructed with aluminum and it is therefore light and agile. The latest model has been released quite some time ago and its depreciation is rather significant. The base price was $80k for this car with its 372 hp engine and short wheelbase. However, a 2012 model will only set you back by $30k these days.
The Maybach is a luxury car that has become synonymous with extravagance. Unfortunately, these vehicles have the worst rates of depreciation. In 2006, the Maybach 57 had a base price of $400k, while the 62 S went for as high as $500k. Whoa. These days, however, you can find secondhand units for only $50k!
Chrysler 300 C
When it comes to luxury sedans, you will hard-pressed to find something better than the Chrysler 300 C. It was introduced in 2005 in an attempt to revive the luxurious, muscular, and powerful American classic sedan. It had many attractive features like the Hemi V8 and the opportunity to choose between a V6 and V8 engine. Unfortunately, it still suffers a significant depreciation rate in a fairly short amount of time. Despite everything, the Chrysler 300 C might be worth it to fans of big, tough-looking luxury sedans. A new one will set you back by $40k, though it an older one in great condition will only cost you $20k.
This model was known for its sleek stylish appearance. It has become loved in the category involving luxury sedans and re-releases have seen sales doing very well. In 2020 the car went for $50,000, however, today they are available for $15,000- a major drop in price.
The ZDX was an attempt to release a sporty crossover with an all-wheel drive, low roofline, and great engine. Unfortunately, it was only on the market from the years 2010 to 2013. In reality, it was a rather strange-looking car and its appearance put off many buyers. Despite its many good features, a lot of people could not look past that. Formerly priced at $35k, you can find a used one for only $13k.
Hummers are the epitome of a head turner and completely rule the road. If you do not mind these gas eating machines and bulk is what you die for, then these are the ones for you. In their prime time they went for $60,000 but today their depreciated amount stands at $20,000. Thank the depreciation angels.
This medium-sized sedan was regarded as high-class and of good quality. The A6 has a couple of interesting features such as a 4-wheel-drive system which is what also comes with the Quattro. It sold at $50,000 but with depreciation, on our side the car now goes for a mere $15,000.
It does not get any more prestigious than the Mercedes CL series. The SL might be sportier, but the CL still comes with powerful engines, luxury features, and a roomy interior. It used to go for $100k in the beginning, but used units are more affordable at $25k!
The German version of the Aston Martin Vantage with it’s ‘need-for-speed’ sleek look and it’s utterly beautiful design all-round. Originally priced at $120,000 it was a rather hefty price tag, however, the car now goes for $30,000 which is a major drop. The car is equipped with a powerful 283 HP engine and sleek interiors- the cherry on top.
The S-Class has always embodied the ideal of luxury, luxury that competes adequately. The newer models are always priced rather high as demand and appeal is high. If you wait a few years, approximately, 4-5 years post-release you can save around 36% of the original cost. Patience is key when it comes to this favorite.
The Chrysler Aspen might be the vehicle you are looking for if you want numerous features, great towing capacity, and 8-people seating on a budget. It is comfortable and attractive, but the rugged vehicle has been overtaken by the stylish SUVs. In 2009, it used to go for $40k, but you can now find a used unit for just $12k to $13k.
The Jeep Commander is a powerful yet practical off-road machine. It comes fully equipped with all the off-roading features one would need but still looks decent enough to fit in with your suburb style. The upkeep and maintenance are major factors for the depreciation of the car. You can find a decent second-hand Jeep for around $10,000.
The R-Class is Mercedes Benz’ attempt at creating a luxury crossover. But, the market wasn’t large enough for this vehicle, and it was discontinued after two short years. With that said, if you ask buyers, the car had great engines, luxurious features, and was very comfortable. Once selling for $50k, you can now get a used one for only $19k.
After a year of owning your new Smart ForTwo vehicle, its value will plummet a lot. Why? It is probably because despite the attention it has received for being an environmentally-friendly car, it has nothing else to offer its buyers. It is true that the gas consumption is unbelievably low, but keep in mind that there is not a lot of room inside the car. Moreover, the transmission is only two speed, much to the dismay of many drivers. While it is considered safe for the small size, remember that it does not really compare to mid-sized vehicles with higher safety ratings. After a year of owning a Smart ForTwo vehicle, it will already be worth approximately 36 percent or $14k less. Yikes.
The Hyundai Genesis has also earned a spot on the list because this car depreciates quickly and significantly. The Genesis is the brand’s attempt to compete with luxury brands. Unfortunately, it simply does not have the brand appeal of established luxury cars even though it has a similar price tag to that of a Mercedes or Lexus. Within the first year, it will already suffer a 38% drop in retail value. You might want to think twice if you plan to buy a new one. People who dream of owning a luxury car can buy a one-year-old Genesis that costs $16k less of the original $52k.
The Nissan Leaf is Nissan’s successful entry to the electric car race, though it has also one of the worst depreciation rates on the list. This might be attributed to the fact that a high number of Leafs are being leased, the tax credit is almost $7.5k, and various incentives from the dealer. All of these hurt the value of the car and people who bought it new will see this when they go to resell it.
Nissan Rogue SV
Quite unlike most Toyota and Honda models, the Nissan Rogue made a name for itself by deviating from the squarish and practical form. It was introduced as the sporty alternative to these brands. Nonetheless, its value dropped by 5 percent after it underwent a redesign. Just like the Leaf, this car experiences a high depreciation rate as time goes by.
When it comes to compact cars, it does not get any more classic than the Mini Cooper. Sadly, it experiences a higher rate of depreciation than similar models. A brand-new Mini Cooper unit will likely set you back by $20k. If you get the 2015 Mini Cooper, you will likely find that it has already lost 29.3 percent of the original value. Before you buy this car, remember to consider the residual value as this will matter the most later.
Now that the gas price hike is over, more and more people are feeling the appeal of gas-guzzling SUVs yet again. The redesign on the GMC Yukon has caused it to suffer. Well, it’s either that or buyers are now looking at the cost-to-own scheme for 5 years. While its original price is $47k, it will cost owners $70k just for the first 5 years. You might want to rethink your decision of buying a new one since its value goes down by 33 percent after the first year.
The 2015 model of this car is considered a cargo van, so there is not a big chance that you have one in your garage. Well, unless you are a businessowner, of course. If you wish to buy one, keep in mind that ownership will cost you nearly double the amount you paid for it! Moreover, it has a rate of depreciation of 37 percent just after a year of keeping it in your garage. Maybe the reason for this is that it is basically indistinguishable from the new model, which is not a good idea if you have such a limited buying audience.
The Chevrolet Impala is one of the most popular cars in the world. So why did it make it to the list? Well, you need to know that it is considered a fleet vehicle. If that does not mean anything to you, this means that the vehicles are often used as company or rental cars. The cars are, to say the least, oversupplied. They do not have unique or rare features and irresistible appearances. Aside from the aforementioned features and qualities, the demand for mid-sized sedans continues to decrease and this has negatively affected the market value of this well-established car model. If you bought a brand-new unit at $27k last year, it will be 33.5% lower now.
The depreciation rate of the Volkswagen Beetle is well above the average at 37% in the first year. Apart from this, the resale and MSRP value of the diesel models has dropped a lot quicker when compared to the gasoline models. If you have not heard of the event called “Dieselgate”, it surfaced that Volkswagen had cheated emission tests by adding a software cheat that enabled the cars to perform well. By September 18, 2015, the diesel model of the Beetle has twice the depreciation rate of the gasoline model. If you are still interested in buying one, you should get a better deal on a used unit.
The Lincoln MKS is on its way to becoming obsolete. Even though the model appealed to luxury car fans on a budget, it did not receive a lot of sales when it came out. It was never named a best-seller, so its value has seen a 30.4 percent loss after a year. This is pretty similar to the Hyundai Genesis. Although it must be annoying to have paid in full for the MKS, used car buyers are probably having a field day with this one.
The Kia Optima comes with just as many disadvantages as there are advantages. When it comes to the latter, it does have a reliable engine, a lot of space, an attractive design, and many upgradable features. When it comes to car depreciation rate and fuel efficiency rating, it does not make the cut. As a matter of fact, a one-year-old unit will have lost 35 percent of the original value already! If you are interested in buying one, we highly recommend taking a look at the used car market first.
The Kia Cadenza is yet another contender for the fastest rate of car depreciation. The vehicle makes for a good bargain on the used car market because it has a 38 percent depreciation rate. For this reason, it is hard to see why you would want to get a brand-new unit. There are actually several Kia models that made it to the list, primarily because the pseudo-luxury sedans of the brand have yet to attract buyers.
Like the Lincoln MKS, this luxury car is on its way to obsolescence. The Jaguar XK has recently been replaced by the Jaguar F-type model, which is fancier and newer. Just a year ago, it would have cost $84.5k from the dealer. The same unit will now have lost around 30 percent of its original value after such a short time! Like the other models mentioned on this list, it would be a better idea to buy a secondhand Jaguar XK.
The Ford Mustang is known as the original pony car, and its 6th generation has delivered excellent performance. You will only need to glance at the used car market to find out that it delivers solid performance with its V8 engine. Moreover, it does not disappoint in the looks department either. The latest release is now the talk of the town, so most people have already forgotten about the previous model with its 5.0-liter V8 engine and fashionable retro look. It was for sale at an original price of $35k, but you can now afford a used unit at a little more than $10k.
We have another Hyundai model on the list. This mid-sized sedan comes with an average design, notable power, decent performance, and a roomy interior. Recently, the Sonata has earned a lot of popularity because it is an ideal car for family use. If you buy a brand-new unit of this car, you will find that it has a standard price of around $23k to $30k. However, it should only cost around $8k when you check the used car market!
Lexus ES 350
Lexus is one of the car manufacturers with the best reputation on the market. Lexus owners usually like the luxury features, great handling and speed, and neat design of the models. Unfortunately, the Lexus ES 350 did not make the cut for most customers. When it comes to looks, it certainly looks nothing out of the ordinary. This must be why its value loses $9.1k after only a year of owning it.
Cars.com has reported that a 2015 Dodge Charger will cost more than $41k after owning it for 5 years. It originally has a price tag of $26k, but its value experiences a drop of over $8k or around 45 percent of the retail price. When models are not attractive in terms of features and looks, most people tend to ignore them. More attractive, upgradable, and popular competitors often cause the depreciation rate to go up.
The Chevy Camaro might be sharp and sporty, though it has a depreciation rate of 39 percent after a year of ownership. If you are observant, you might have noticed that this is one of the highest yet. Five years of owning a 2015 unit will cost you around $40k. Its original price is $23.7k, though it loses more than $8k after the first year. The Camaro is similar to the SS, Mustang, or Corvette, in the sense that it is an all-American sports car with lots of fans. Just like these luxury cars, the Camaro also loses its value in the same way.
The Mitsubishi Lancer also boasts of a high depreciation rate at 35 percent. This model calls itself an affordable car, though it might be a good idea to compute the costs before you make a decision. For the sake of reference, this car will cost you $4k less than the base model of the Mini Cooper, which we have already discussed. However, when you compare the cost of ownership in the next five years, the Cooper is actually cheaper than the Lancer by $5k. If you are thinking of buying a new unit, don’t forget to keep these numbers in mind.
The CTS is a classic Cadillac car that just about every car fanatic adores. If you ask us, this is a well-deserved reputation as this luxury sedan is a solid performer with a gorgeous design. Unfortunately, it has a rate of depreciation at 36.9 percent, higher than similar cars. If you bought a new 2015 CTS for $45k, its value has since been slashed in half. Yikes.
The Buick Regal helped reintroduce the manufacturer as a high-quality manufacturer of the luxury compact sedan. This car is sometimes considered to be the American version of the European Open Insignia. It has drivetrain options, numerous solid engines, and a fantastic selection of add-ons. It is not hard to understand how the Regal became the premier choice for affordable luxury sedans. It has an original price tag of below $30k, and you might be surprised to hear that there are secondhand units that go for only $10k! You can expect to find great deals soon since there is a new model on the way.
Fiat 500 L
In 2014, a lot of promises had been made by the Fiat 500 L, though it did not reach the expectations people had for it. Its popularity suffered as well as its resale price. It might have a good trunk and a lot of space, but the small engine and subpar performance were incredibly disappointing. While it has fine visibility and user-friendly features, more people wanted something with more power and better performance. The base price is $20k, but you can now find a 3-year-old 500 L unit at below $14k. For a model that has only been out for a couple of years, this is a really high depreciation rate.
Jaguar cars have experienced significant depreciation rates over the years. This mid-sized premium sedan would not be as expensive if you get a used unit instead. The XF was first released in 2009 at a base price of around $50k. Since most people decided to get various add-on features, they ended up paying about $60k instead. The base model was equipped with a 300 hp V6 engine, but it was possible to upgrade to the 420 hp V8 engine instead. You can find a 2009 or 2010 unit at a price of below $15k, which is definitely a steal when you consider the all-leather interior, incredible engine, smooth design, and great safety features!
The Nissan Maxima will give you the bang for your buck because this luxury car is big, powerful, and well-equipped. In 2016, a new generation had been released and it came with gorgeous styling, topnotch technology, and a V6 300 hp engine. Brand new, you will have to shell out more than $20k for it. Nowadays, however, you can get it for $10k less! You might even find a unit in perfect condition that still comes with the manufacturer’s warranty when you go through secondhand listings.
Kia tried to enter the full-sized luxury sedan market with the K900. With its premium features, powerful engine, and creature comforts, it was a competent competitor of the BMW 7-Series and Mercedes S-Class. Like other luxury cars, it has a hefty price tag that depreciates a lot over the years. Initially introduced as a 2015 model, it came with a 420 hp engine with lots of luxury features. The standard price is set at $60k, which is not bad for a luxury car but quite high for a Kia. At this point, you should be able to find a used K900 for a little more than $30k.
BMW 5 Series
While the BMW 5 series is quite expensive to buy new, wait a year and the value has dropped 18%, making it much more affordable. This model is much more efficient than BMW’s other models thanks to the 2.0L, 4-cylinder, 248 hp engine. But with that said, this car is no more luxurious. This vehicle will lose 52.6% of its value after 3 years, meaning today, you can buy a 5 Series for only $30,000.
Although this car is one of Mercedes Benz’ most high-end models, its valuation loss is at a whopping 49.9%. We can’t deny the E-Class’ great performance and sleek design, but its value just doesn’t hold up whatsoever.
BMW 3 Series
Although the BMW 3 Series is the one of the car manufacturer’s best-selling models, its depreciation rate has skyrocketed in recent years. After just three years, the 3 Series loses 49.8% of its value. Anyhow, this model is quite popular due to its affordable price point, opposed to other BMW cars that have only increased in price over the years.
Ford has made a name for itself from the start thanks to the great cars they make. The Ford Taurus is one of the manufacturer’s cheapest models, but it also has the highest value loss over any other model. During the first 3 years, this model loses 49.7% of its value, which is extremely high for a family sedan. Anyhow, the car continues to do well in the sales department, constantly receiving good reviews.
Although Chrysler cars are known for their affordability , they are also somehow considered luxury vehicles. While they may not be as decked out as BMW or Mercedes Benz models, they do offer their fair share of extra features. But with the good, comes the bad, and this car’s depreciation rate is quite high at 48.4% after just three years.
The Volkswagen Jetta not only looks similar to the Passat, but their depreciation values are also similar. Within the first 3 years, the Jetta loses 48.1% of its value. But, it seems this is a fabulous car, with just bad resale value. So, if you want to buy a Jetta, just make sure you never give it up!
Audi, BMW and Mercedes Benz are all German engineered, luxury brands, and they all have terrible valuations. Audi’s A3 is one of the brand’s most popular models thanks to its reasonable price tag. With all of that said, after the first 3 years, this model loses 47.9% of its value.
Jaguar is one of the most well-known luxury car brands thanks to the exceptional engineering and sleek design of their vehicles. The only drawback is their valuation loss. Within the first 3 years, the Jaguar XJL loses a whopping 66.4% of its original value.
BMW 6 Series
The BMW 6 Series is quite odd since it’s available as a four-door sedan, a convertible or a coupe. With that said, the flexibility of this vehicle couldn’t save it’s value with a 68.3% loss after just 3 years.
Ford Fusion Energi
Ford jumped on board with the eco-friendly movement by creating the Fusion Energi: a luxury eco-friendly midsize sedan. Ford execs said, “Government incentives play a role in the steep depreciation of electric and plug-in hybrid vehicles as their resale value is based on their lower effective post-incentive sticker price”. With all of that said, this car’s depreciation rate is a whopping 69.4%.
Mercedes Benz’ signature sedan is the beautiful S-Class, and for good reason. Not only is the design impressive, but the vehicle also boasts top-of-the-line tech features, and impressive engines. With all of that said, it makes sense why this car is quite expensive to buy new. Although it isn’t the fastest depreciating Mercedes, the S-Class loses 69.9%.
The Chevrolet Volt is a revolutionary car thanks to the fact that it’s an electric car with a gas-powered engine. The car is also capable of charging batteries while driving, a major feat in itself. But with more electric cars now on the market, this car is depreciating quick, at 71.2%.
Ford is known for their affordable and dependable vehicles, but, their cars are also known to not hold their value well. Although this compact family hatchback became extremely popular in 2018, its valuation is not too good. After three years, this model is worth 45% of its original value.
Infiniti takes Nissan’s engineering and powerful engines and turns them into sleek styles that are quite luxurious. Although Infiniti is similar to its sister company Nissan, they definitely aren’t similar when it comes to valuations. The Q50 loses 46.9% of its value within the first 3 years.
The Cadillac ATS boasts features such as remote start via smartphone, 4G WiFi and multiple engine options. But, these impressive bonuses don’t help the car’s valuation which is at a whopping 50.4% after three years.
Cadillac finally made its way into the crossover vehicle market with the SRX. Not only does this vehicle have luxury features, but it’s also really sleek, and consumers have nothing but good things to say about it. The only downfall we can find is that the SRX loses 47.2% within 3 years.
Alfa Romeo Giulietta 2.0
Alfa Romeo is an Italian car company known for their gorgeous cars. This beautiful hatchback named the Giulietta 2.0 doesn’t hold its value very well, just like others of this brand. 73.9% after three years is quite high to say the least.
Fiat Panda 0.9 Twinair
Fiat’s Panda 0.9 Twinair is a compact 4×4 sports utility vehicle. Similar to other Fiats, this model doesn’t hold onto its value well at all. After three years, the Panda loses 73.3% of its value.
Fiat Punto 1.4
The Fiat Punto 1.4 is a compact car, popular in big cities for its size. This car is only available in certain regions, and it may be for good reason. With a 73.8% decrease, it sounds to us like this car could be a bad investment.