New Cars With Terrible Depreciation
The typical new car loses about 20% of its value after the first 12 months of ownership. The best models will only lose about 5-10%, but on the other hand, some vehicles can lose as much as 35%.
Forbes this week created a list of the 12 worst cars when it comes to first-year depreciation. The Fiat 500L ranked worst, with a drop in value of 34.6%. See the full list below to see which new vehicles you may want to avoid (or at least get a huge discount on).
As always, if you're shopping for a new car right now, I recommend you use TrueCar No Haggle, CarsDirect and NADAGuides to quickly see the best deals being offered in your area.
12 New Cars With the Worst Depreciation
| Vehicle | % Loss | $ Loss |
|---|---|---|
| Buick Regal | 31.20% | $11,525 |
| Chrysler 300 | 31.70% | $13,351 |
| Cadillac ATS | 31.80% | $16,099 |
| Fiat 500 | 31.90% | $11,106 |
| Jaguar XF | 32.30% | $19,996 |
| Lincoln MKZ | 33.80% | $14,177 |
| Nissan Maxima | 34.00% | $12,469 |
| Mercedes Benz C250 | 34.30% | $15,247 |
| Kia Cadenza | 34.30% | $12,940 |
| Volvo S60 | 34.40% | $14,020 |
| Lincoln MKS | 34.50% | $16,039 |
| Fiat 500L | 34.60% | $8,096 |
My Recommendation for Car Shoppers
TrueCar No-Haggle, CarsDirect, and NADAGuides 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
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 2021
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- Cars With the Largest Rebates Oct 21, 2021
- New Cars You Should Wait to Buy Oct 21, 2021
- Real Prices of Pickup Trucks Oct 21, 2021
- Top 100 Cheapest Lease Deals Oct 14, 2021
- Best Car Deals Around the Country Oct 14, 2021
- Biggest Discounts on New Cars Oct 14, 2021
- Real Prices of Midsize SUVs Oct 14, 2021
- Best Bang for Your Buck Lease Deals Oct 07, 2021
- Best Electric, Hybrid Lease Deals Oct 07, 2021
- Best 0% Finance Deals October 2021 Oct 07, 2021
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September 2021
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- Worst Cars to Lease Right Now Sep 30, 2021
- Best Car Deals by Category Sep 30, 2021
- Real Prices of Midsize Cars Sep 30, 2021
- Real Prices of Large SUVs Sep 23, 2021
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