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2014 Models With Biggest Price Drops
January 15, 2015
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 CarsDirect 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% |
3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:Step 1 Get Prices From My Trusted Network
Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).Select Vehicle to Get Local Pricing
Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.Step 3 Complete my Checklist
Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
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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.
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