35 Cars Whose Value Has Significantly Dropped

Published on 01/20/2019
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GMC Yukon

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.

GMC Yukon

GMC Yukon

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Chevrolet Express

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.

Chevrolet Express

Chevrolet Express

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