Find the Best Car Deals Near You ⤵
5 Vehicles You Should Avoid Buying
August 1, 2013
It's a well known fact that the moment you purchase a brand new car and drive it off the dealer lot, the value of that car automatically drops. And every year the car continues to depreciate.
However, not every vehicle depreciates equally, and it can vary widely from car to car. This is especially important if you plan on getting rid of the car within 5 years.
To help navigate the choppy depreciation waters, our friends at BankRate.com recently put together a list of the top five cars that lose a lot of value, along with some better alternatives. And as always, whenever you are purchasing a new car, make sure to use the free to get the best deal possible.
Vehicle | MSRP | Depreciation Over 5 Yrs | Alternative | MSRP | Depreciation Over 5 Yrs |
---|---|---|---|---|---|
2013 Suzuki Grand Vitara Premium RWD | $22,349 | $14,379 | 2013 Mini Cooper Countryman | $22,000 | $10,210 |
2012 Jeep Liberty Limited Sport 2WD | $23,395 | $15,239 | Toyota FJ Cruiser 4x2 AT | $26,115 | $8,113 |
2012 Kia Sedona LX | $24,900 | $17,730 | 2012 Honda Odyssey | $28,375 | $14,768 |
2013 Chevrolet Impala LT | $27,385 | $17,983 | 2013 Toyota Camry L 4Dr Sedan | $22,235 | $9,688 |
2013 Jaguar XJ AWD | $76,700 | $52,014 | 2013 Porsche Panamera | $80,450 | $41,988 |
Signup for The Weekly Newsletter
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The Author
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.Latest Weekly Car Buying Tips
October 2024
- Top 100 Cheapest New Cars for 2024 Oct 17, 2024
- Best Car Deals Around the Country Oct 17, 2024
- Cheapest Luxury Lease Deals Oct 17, 2024
- Real Prices of Midsize Cars Oct 17, 2024
- Top 100 Cheapest Lease Deals Oct 10, 2024
- Biggest Discounts on New Cars October 2024 Oct 10, 2024
- Cars With the Largest Rebates Oct 10, 2024
- Real Prices of Pickup Trucks Oct 10, 2024
- Best 0% Finance Deals October 2024 Oct 03, 2024
- Best Bang for Your Buck Lease Deals Oct 03, 2024
- Best Electric, Hybrid Lease Deals Oct 03, 2024
- Real Prices of Midsize SUVs Oct 03, 2024
September 2024
- All SUV Lease Deals Compared September 2024 Sep 26, 2024
- New Cars with the Most Available Inventory Sep 26, 2024
- Best Car Deals by Category Sep 26, 2024
- Real Prices of Large SUVs Sep 26, 2024
- Real Prices of Compact Cars Sep 19, 2024
- Real Prices of New Compact SUVs Sep 12, 2024
- Price Comparison of Subcompact SUVs Sep 05, 2024
- How to Get $1,000 Discount on Any Tesla Sep 05, 2024
I welcome your car buying questions. Email Me and I'll be glad to answer them!