2014 Models With Biggest Price Drops
January 15, 2015
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, CarsDirect and RydeShopper 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 No-Haggle, CarsDirect, and Ryde Shopper 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.- Gregg Fidan
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