Top Five Cars That Lose Their Value Fastest!
Depreciation in Cars happens almost immediately just after you buy the new car after you drive away from the dealership lots!
According to Forbes Magazine Here's the following lists of car that lose their value very fast;
Chrysler Sebring
Trim: LX Convertible
MSRP: $28,590
Percent of total value retained after 24 months: 35%
Percent of total value retained after 36 months: 27%
Percent of total value retained after 48 months: 21%
Percent of total value retained after 60 months: 16%
Mercedes-Benz S-Class
Trim: S65 Sedan
MSRP: $205,025
Percent of total value retained after 24 months: 36%
Percent of total value retained after 36 months: 28%
Percent of total value retained after 48 months: 22%
Percent of total value retained after 60 months: 16%
Kia Sedona
Trim: LX Minivan
MSRP: $24,990
Percent of total value retained after 24 months: 38%
Percent of total value retained after 36 months: 27%
Percent of total value retained after 48 months: 20%
Percent of total value retained after 60 months: 16%
Lincoln Town Car
Trim: Signature Sedan
MSRP: $47,470
Percent of total value retained after 24 months: 53%
Percent of total value retained after 36 months: 27%
Percent of total value retained after 48 months: 21%
Percent of total value retained after 60 months: 17%
Mercury Grand Marquis
Trim: LS Sedan
MSRP: $30,285
Percent of total value retained after 24 months: 32%
Percent of total value retained after 36 months: 26%
Percent of total value retained after 48 months: 21%
Percent of total value retained after 60 months: 17%
The best way to avoid deprecation is to driverless and to drive fewer miles!
This is just FYI only!
Thanks.
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