2014 Models With Biggest Price Drops
Every year, car manufacturers unveil a number of vehicles that are new for that particular year, and 2014 was no exception. Now that it's a year later, car buyers may be interested in knowing just how much value those "new to 2014" vehicles held.
Forbes recently released a list of the top "new to 2014" vehicles that held their value the best -- as well as those that had the worst value retention.
You may want to consider buying the vehicles on the worst value retention list if you're looking to get a good deal on a slightly used vehicle.
The top value holder amongst 2014 models was the Chevrolet Corvette Stingray, retaining 84.7% of value from its MSRP. While in comparison, the Mitsubishi Mirage had the worst value retention, holding on to only 54.5% of its value from MSRP. Below is a look at the top five value winners and losers.
If you're considering buying a new car, I highly recommend you use TrueCar No Haggle and Edmunds Price Promise to see the best deals being offered in your local area.
Value Retention Winners
| Rank | Vehicle | % Value Retained from MSRP |
|---|---|---|
| 1 | Chevrolet Corvette Stingray | 84.7% |
| 2 | Subaru Forester | 81.8% |
| 3 | Toyota Highlander | 78.8% |
| 4 | Toyota 4Runner | 77.1% |
| 5 | Nissan Rouge | 73.1% |
Value Retention Losers
| Rank | Vehicle | % Value Retained from MSRP |
|---|---|---|
| 1 | Mitsubishi Mirage | 54.5% |
| 2 | Fiat 500L | 55.3% |
| 3 | Kia Cadenza | 56.5% |
| 4 | Chevrolet Impala | 59.9% |
| 5 | Kia Forte | 61.8% |
My Recommendation for Car Shoppers
TrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.California Residents - Important:
There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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