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 and CarsDirect 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 |
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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](/assets/images/gregg/profile-pic.png)
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