Top 5 Cars With The Worst Depreciation
Most car's value decreases within the first year after purchase. However, some cars are more valuable than others. How can you tell if your car will lose 25% or more in the first year after you drive it off the lot?
This is the right place for you! Here's a list of five cars that have the highest depreciation. We also provided information on the percentage they would drop their dollar signs within the first year (according to iseecars.com).
What Vehicles Should I Be Watchful For?
The car lot is filled with shiny new cars. It is beautiful, shiny, and new. You then glance at the "used car lot". The same car is there, but it's a little less shiny. It is less than one year old, and its price tag is considerably lower which makes it appear a little shinier. These five vehicles are running ragged faster than you can say, "I just bought it one year ago!"
When purchasing a new car, it's important to consider not just the initial cost, but also the potential for depreciation. Some cars tend to hold their value better than others, while others experience steep depreciation over time. Here are the top 5 cars with the worst depreciation:
Acura NSX:
The Acura NSX is a high-performance sports car that has a reputation for excellent engineering and design. However, it also has a reputation for poor depreciation, with some models losing as much as 70% of their value in the first three years of ownership.
BMW 7 Series:
The BMW 7 Series is a luxury sedan that is known for its sophisticated design and advanced technology. However, it also has a reputation for poor depreciation, with some models losing up to 50% of their value in the first three years.
Mercedes-Benz S-Class:
The Mercedes-Benz S-Class is another luxury sedan that is known for its sophisticated design and advanced technology. Like the BMW 7 Series, it has a reputation for poor depreciation, with some models losing as much as 50% of their value in the first three years.
Tesla Model S:
The Tesla Model S is an all-electric luxury sedan that is known for its advanced technology and impressive performance. However, it also has a reputation for poor depreciation, with some models losing as much as 50% of their value in the first three years.
Audi A7:
The Audi A7 is a luxury hatchback that is known for its sleek design and advanced technology. However, it also has a reputation for poor depreciation, with some models losing as much as 45% of their value in the first three years.
Conclusion:
In conclusion, the Acura NSX, BMW 7 Series, Mercedes-Benz S-Class, Tesla Model S, and Audi A7 are among the top 5 cars with the worst depreciation. While these cars may offer impressive features and performance, they may not hold their value as well as other models, which could impact their resale value.
Your dream car made the list? Before you buy a new car, do your research about the depreciation rates. Buy slightly used and you could save thousands, if not tens of thousands. You could save money or even get your car pampered! Are you searching for a car shipping company to help with your move? Take a look at our five-star testimonials and discover why we are the best car shipping service in 2010!